plotting macd and macdh at freestockcharts

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Plotting MACD and MACDH at FreeStockCharts.com Figure 1 - Set the time scale and open symbol selection box Figure 2 - Type your symbol, then select from list, then hit OK button.

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Page 1: Plotting MACD and MACDH at FreeStockCharts

Plotting MACD and MACDH at FreeStockCharts.com Figure 1 - Set the time scale and open symbol selection box

Figure 2 - Type your symbol, then select from list, then hit OK button.

Page 2: Plotting MACD and MACDH at FreeStockCharts

Figure 3 - Use Add Indicator menu to add MACD.

Figure 4 - Select MACD, then Add Indicator, scroll down to add MACD Histogram.

Page 3: Plotting MACD and MACDH at FreeStockCharts

Figure 5 - Viola!

If you want to add a second MACD and MACDH Repeat steps 3 and 4. Then click each indicator to set its parameters to 19-39-9 if desired. As the name suggests, this is about as good as it gets for free charts. What it can’t do is scan the market for opportunities, or plot Appel’s Histogram or add special purpose code. For that you need to step up to a paid tool like Stockfinder. At the right edge of the chart the MACD lines are offering a sell signal and the MACD histogram has already signaled an exit. Gerald Appel, the inventor of MACD, suggests waiting for the second exit signal to sell under certain circumstances. It’s in situations like these, when you need to decide whether to grab profits now or hold on for more, that BackTesting Report and the MACD Exit Signals Report can help you by showing you statistics of how similar signals have performed on 7147 stocks over 14 years. This is information you really ought to know before you act on MACD in your own account.

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