MiserableToppings

Combining 1D & 2D MACD Cross to find reliable positions

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NASDAQ:QQQ   Invesco QQQ Trust, Series 1
DASHED LINES:
When the 12 EMA crosses above the 26 EMA on the 1D MACD we get a reliable signal that the price will rise (will be higher by the next alert).

SOLID LINES:
When the same occurs on the 2D MACD we get confirmation.

And vice versa when the 12 EMAs cross below the 26 EMAs, the price will fall (will be lower by the next alert).

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As you can see, this has proven to be consistently reliable, with only one failed signal going as far back as the chart shows.

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To trade conservatively, close any short or long positions when alerted by the 1D MACD.

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The current open position is short as per the solid Red Line yesterday.

Going off the pattern length, candles should at least remain red for the next six days on the 3D.



Disclaimer: Don’t take my advice.

This chart was made as auxiliary support for BTCUSD falling.
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