Download "Webinar: "Mi Indicador Técnico Favorito, el MACD"- Yuri Rabassa"

"videoThumbnail Webinar: "Mi Indicador Técnico Favorito, el MACD"- Yuri Rabassa

0:00

Introducción

1:41

ForexDuet

3:37

Mi Indicador Técnico Favorito: el MACD

4:15

Indicadores Técnicos

20:11

MACD Elementos

29:10

MACD-Señales

32:07

Webinar Mi Primer Sistema Ganador

45:05

Ajustes del MACD

46:19

Correspondencia de medias

The Forex Family webinar - July 29th 2018

The Forex Family webinar - July 29th 2018

Channel: The Forex Family

Quelles sont LES MEILLEURES HORAIRES pour TRADER ?

Quelles sont LES MEILLEURES HORAIRES pour TRADER ?

Channel: Benjamin Deleuze - Trading

Metatrader 4 tutorial. How to Load More BackTesting History Into Your Forex Metatrader 4 Platform

Metatrader 4 tutorial. How to Load More BackTesting History Into Your Forex Metatrader 4 Platform

Channel: Jimdandy1958

Vers des records de défaut de paiement

Vers des records de défaut de paiement

Channel: Publications Agora

Обзор крипторынка 08.08.2023 || Концепция Smart Money

Обзор крипторынка 08.08.2023 || Концепция Smart Money

Channel: Ekaterina Kostevich

How to Trade Forex With Order Flow

How to Trade Forex With Order Flow

Channel: Trader Dale

Урок 2. Построение зон поддержки и сопротивления. Часть 2

Урок 2. Построение зон поддержки и сопротивления. Часть 2

Channel: Ekaterina Kostevich

لايف مهم جدا جدا ✅ 04-08-2023 ✅ خارطة طريق في نظام المزايدات AMT

لايف مهم جدا جدا ✅ 04-08-2023 ✅ خارطة طريق في نظام المزايدات AMT

Channel: Order Flow Traders

Mql4 Structures... How do you use them?

Mql4 Structures... How do you use them?

Channel: Jimdandy1958

The Supply & Demand Trading No One Told You (ULTIMATE In-Depth Guide)

The Supply & Demand Trading No One Told You (ULTIMATE In-Depth Guide)

Channel: FOREXSOM

yuri rabassa

forexduet

MACD

indicador técnico

trading

forex

webinar

divergencias macd

00:00:00

and

00:00:08

well, very good afternoon everyone,

00:00:11

welcome to a new webinar

00:00:14

organized by fx street

00:00:17

today we are going to talk about my

00:00:20

favorite technical indicator the macd and but before

00:00:23

starting I would like to thank you

00:00:26

first of all all the

00:00:28

attendees because you have signed up

00:00:30

massively

00:00:32

I looked before entering the room and

00:00:34

there we go with more than 380 registered people. It is

00:00:38

common for them to enter

00:00:41

the room sequentially and not all of them are there at the

00:00:43

same time but it is an honor to be able to

00:00:46

attend to so many people to talk

00:00:48

about the macd and not to talk about one of my

00:00:51

indicators, it is really my

00:00:53

favorite indicator, perhaps it is because it is the one that

00:00:55

I know the most, it is the one that I have used the most

00:00:57

as well and now I am going to teach you, I am going

00:00:59

to explain to you in this session everything I know

00:01:03

about the macd and the tricks it has,

00:01:05

how to interpret it, how to build it and

00:01:08

how useful it is. I

00:01:12

also want to thank efe x street

00:01:14

for inviting me to give this webinar.

00:01:16

The last one we gave was at the beginning of

00:01:20

December, I think I remember, and it was a

00:01:23

special two-hour session. in

00:01:26

which we talked about the inter-

00:01:27

market analysis, which was also a complete success,

00:01:30

we went further than more than 2 years

00:01:32

collaborating with fx streets. We hope to

00:01:34

be here with you for many more years.

00:01:36

It is a pleasure.

00:01:41

You hear echo, says Ignacio. You listen to me

00:01:44

very well, right,

00:01:46

just to make sure that I have the

00:01:48

right microphone selected perfect okay

00:01:52

let me introduce myself before

00:01:54

continuing

00:01:56

my name is yuri rabasa I am a

00:01:59

full-time forex trader and I am the author

00:02:02

of the forex web blog

00:02:04

you can find it at forex bet.com

00:02:06

where I teach and impart advice on

00:02:09

trading and There you can see my

00:02:12

real operations on video because I

00:02:14

have been doing it regularly because in April it will be three

00:02:18

years if I remember correctly

00:02:19

there is a tremendous archive of operations and

00:02:22

there is a very important archive of webinars,

00:02:24

a lot of advice that

00:02:26

you can find there if you register on

00:02:28

the website

00:02:29

You will have access to all the content for

00:02:31

free my real operations

00:02:33

featured news important things

00:02:37

that we find about trading

00:02:38

we share them with you

00:02:40

trading tips links of interest etc.

00:02:43

I am also the editor of the first

00:02:46

currency trading magazine in Spanish

00:02:48

called forex bet magazine that is

00:02:51

having very good success among

00:02:52

Spanish-speaking traders from all over the

00:02:53

world, it is completely free monthly

00:02:56

and digital and you can subscribe to it

00:02:59

on our

00:03:00

forex website web.com. I say remember that it is

00:03:03

free

00:03:05

every month we will notify you when it is

00:03:07

published there you will find interviews

00:03:11

news current events interviews with

00:03:13

relevant traders and I think you will like it

00:03:19

right now these days

00:03:22

the first issue of the year is about to come out we have

00:03:24

on the cover the interview of a

00:03:26

very well known trader also very well known from

00:03:29

this fx street house that has been

00:03:31

in the markets for many years

00:03:34

Well, let's move on to today's topic,

00:03:37

what is a favorite technical indicator, the

00:03:41

MACD, and it is an indicator that has been used

00:03:44

for several years with very good

00:03:47

results and in combination with other

00:03:49

tools that define my

00:03:51

trading system called the returns.

00:03:55

This but

00:03:58

the system is explained in two

00:04:00

webinars that I offered right here on fx

00:04:03

street that you can find here in the

00:04:05

session archive of fx street and

00:04:06

you can also find it in the

00:04:08

webinar archive of our

00:04:10

forex web dotcom website

00:04:12

well let's start Talking about what

00:04:16

an indicator is, before talking about the mak de, let's

00:04:18

understand what it is an indicator and in order for

00:04:22

indicators to be useful to us, you have to be clear that

00:04:25

a technical indicator is a

00:04:27

statistical manipulation of price and

00:04:30

volume, that is, they are taken The

00:04:34

data that the price chart already offers

00:04:36

is applied to a more or

00:04:39

less sophisticated formula, a more or

00:04:41

less complicated number, and from there an

00:04:44

indicator is obtained. Ok, this means that

00:04:46

all the indicators, absolutely

00:04:49

all the indicators that exist, no matter how

00:04:51

sophisticated they may be. No matter how

00:04:53

simple they are, all of them are based on

00:04:56

the price on the volume or on a

00:04:58

combination of the two things, so they

00:05:01

will never provide us with more

00:05:03

information than the price or the

00:05:06

volume already provide us. Ok, I tell you

00:05:09

this because it is very usual to find

00:05:10

traders who are starting out and we have

00:05:13

all been there and I too

00:05:16

who embarks on a search for the

00:05:18

holy grail of indicators, that is, we

00:05:20

start to operate, we start and

00:05:24

enter the world of trading,

00:05:25

we discover the world of indicators

00:05:28

and We think wow with

00:05:30

today's computers with these

00:05:32

graphics packages that are so powerful that there are

00:05:34

wow and these cool indicators

00:05:37

the only thing I have to do is know

00:05:39

what the indicator tells me and enter when

00:05:41

the indicator tells me well that

00:05:45

is to say we look for an indicator that

00:05:47

provides them with what the

00:05:50

magical entry and exit points provide us and that they do

00:05:52

not have and we do not have to worry

00:05:54

about anything else, well this does not exist, I assure you that there is no

00:06:00

magical indicator that predicts what the price is going to

00:06:02

do. No matter how sophisticated the

00:06:05

formulas are, no matter how many explanations they

00:06:07

give you about that indicator, no

00:06:10

indicator has the secret of trading,

00:06:14

absolutely none of them are worth it, there is no shortcut, they do

00:06:17

not serve as a shortcut, the absolute truth of

00:06:20

what is happening in the market is already being

00:06:23

offered to us by the price chart or

00:06:25

volume if we have it,

00:06:28

you know that in forex we do not have

00:06:30

volume

00:06:31

it is an unreliable data at least so

00:06:35

the indicators from the point of view

00:06:37

of technical analysis will always be

00:06:39

considered secondary tools of

00:06:41

technical analysis and The main

00:06:43

tool therefore becomes the

00:06:45

price, so I independently suggest

00:06:50

that now we are going to talk

00:06:52

about a very good, very complete indicator

00:06:54

such as email and I suggest that in

00:06:57

your training as traders you dedicate

00:06:59

much more time to understanding the

00:07:02

naked price charts that to

00:07:05

understand indicators is a tip that

00:07:08

will be very useful to you okay over

00:07:11

time you will understand why this is like this

00:07:12

well

00:07:15

none no indicator you have to use it

00:07:17

alone

00:07:18

okay that is to say

00:07:21

the indicators work well as I say

00:07:24

they are secondary tools and they work

00:07:26

well with other technical tools in

00:07:28

combination with other

00:07:29

technical tools such as patterns,

00:07:33

trend lines,

00:07:36

Fibonacci levels or a combination of

00:07:39

moving averages, that is, if you use an

00:07:41

indicator

00:07:43

to confirm or to anticipate a

00:07:46

possible breakage of a pattern. back,

00:07:49

as it could be a shoulder, head, shoulder,

00:07:51

the definitive confirmation is given by the

00:07:54

completion of the

00:07:56

shoulder-head-shoulder pattern, but the indicator

00:07:58

can be an additional filter according to

00:08:01

the same with the trend lines,

00:08:04

they must exist because if they do not exist thousands

00:08:08

Maybe there are many more, maybe there are

00:08:10

hundreds of thousands of indicators and every

00:08:12

day a new one is born due to

00:08:15

the computing power that

00:08:17

computers have today. In the past, this did

00:08:19

not happen. One studies

00:08:22

classic technical analysis books from the 1940s and 1950s,

00:08:25

and how At that time there were no

00:08:28

personal computers, but the

00:08:30

computers they had had very

00:08:32

little power because they did everything by

00:08:35

hand, graphically, by hand on a piece of paper

00:08:38

lined out on squared paper, and all the

00:08:42

analysis they did was price analysis,

00:08:44

pure and simple, pure and simple chartism

00:08:47

has Afterwards, with the popularization of

00:08:51

computers, the computing capacity was

00:08:55

so easy that these

00:08:58

indicators have become very very

00:08:59

very popular and in my opinion they have

00:09:02

blurred what is really

00:09:05

important in technical analysis,

00:09:07

which is the price, however. This does not

00:09:10

mean that they are not useful, they are very

00:09:11

useful, the thing is that you have to

00:09:13

understand them very well, you have to

00:09:15

specialize in one or a few

00:09:18

and their usefulness lies in the fact that they

00:09:21

focus on all the indicators, they focus

00:09:23

on one aspect or several. aspects that

00:09:27

the analyst wants to explore, let's say

00:09:30

that each indicator is valid for something

00:09:32

or a few things, they are

00:09:35

very specialized analysis tools and if they are not

00:09:39

used in the right place, they serve us more

00:09:41

than to create confusion, it is as if you

00:09:44

imagine that I am a hammer and

00:09:46

teaches them how to use the hammer

00:09:49

and now you say how wonderful the hammer is, you

00:09:51

have to see what I do with the hammer

00:09:53

and you go out there to conquer the world

00:09:55

wanting to fix everything with a hammer

00:09:57

okay, well the same thing happens with the

00:09:59

indicators each tool is valid for

00:10:02

One thing is to know what

00:10:05

each of these tools is for

00:10:07

and use it precisely,

00:10:10

so in the same way that

00:10:13

there are different tools, there are

00:10:16

different types of technical indicators,

00:10:19

I am going to classify them into two large

00:10:22

groups: the first group and Each of

00:10:26

these groups highlights a different behavior or

00:10:28

state of the market. Ok, let's

00:10:32

see now what

00:10:34

each of these is here. The first group would be the

00:10:36

moving averages.

00:10:38

What do the moving averages do? Well,

00:10:40

the moving averages soften the noise on the

00:10:42

graph. Well, they smooth them out

00:10:47

when you see a price chart, there

00:10:50

can be distortions of all kinds,

00:10:52

there can be distortions due to a

00:10:53

news release, a catastrophe, or a

00:10:56

vacation, simply if you look at the

00:10:59

daily chart, or the

00:11:02

four-hour chart, or one of these ones. last

00:11:05

days at the end of the month of December

00:11:06

because you will see that there are distortions because

00:11:08

for 15 days most of the

00:11:12

investment banks most of the traders do

00:11:14

not operate or operate very little at the

00:11:17

end of the year so they take

00:11:19

vacations and the graph remains somewhat

00:11:21

distorted

00:11:24

with the release of news or surprises

00:11:26

because the same thing can happen,

00:11:28

then the moving averages smooth

00:11:30

all that and offer us a much smoother aspect of the

00:11:34

price movement

00:11:36

with the intention of trying to

00:11:39

detect

00:11:41

the trends much better in

00:11:44

technical analysis, moving averages are used

00:11:46

Well, I would tell you that for almost

00:11:48

everything, even the moving averages of the

00:11:51

moving averages of the moving averages, there is

00:11:53

a real obsession with

00:11:57

smoothing almost all smoothing

00:11:59

oscillators. Now we will see that the macd and

00:12:01

is built on moving averages

00:12:04

but at the same time it is made a

00:12:06

moving average on these moving averages

00:12:09

is very curious, so you will find the

00:12:11

moving measurements in online technical analysis

00:12:13

everywhere, it

00:12:16

clarifies the trend, that is, if I

00:12:18

eliminated the price noise and I am

00:12:22

seeing that the moving average is going

00:12:24

up and that It continues up and it

00:12:26

continues up because it is clear without

00:12:28

any doubt and objectively that

00:12:30

I am facing a trend, okay, they help me

00:12:33

detect the trends.

00:12:35

On the other hand, the second group of

00:12:37

technical indicators are the

00:12:40

oscillators, okay, they help us measure

00:12:44

The oscillators, well, they offer us, they

00:12:46

help us measure the

00:12:49

market sentiment at the extremes of the market. That

00:12:52

is, when the price reaches

00:12:55

one extreme of the market,

00:12:58

the oscillator is going to help me detect

00:13:01

what the market sentiment is at

00:13:05

that point. market is ready to

00:13:07

go a little further or if, on the

00:13:10

contrary, it

00:13:12

has gone too far and has to

00:13:15

correct it, it

00:13:16

also measures the impulse or momentum.

00:13:22

I think you can imagine the market as if it

00:13:26

were the flight of a ball, imagine what you

00:13:28

have in your hand. a tennis ball

00:13:32

if I want to throw the

00:13:35

tennis ball upwards with force

00:13:37

or rather so that it reaches very high

00:13:39

I have to throw it with great force

00:13:40

with great speed with a lot of momentum

00:13:43

initially it will have a lot of momentum and

00:13:45

will reach height as it

00:13:48

reaches or as it loses

00:13:50

energy the ball will lose

00:13:54

speed until it reaches a point that

00:13:56

reaches a maximum and begins to fall, ok

00:13:59

with the price the same thing happens with

00:14:01

trends the same thing happens therefore

00:14:05

if a trend or a break or a

00:14:08

price movement for it to be

00:14:10

lasting requires impulse or momentum.

00:14:12

If I have an indicator that can

00:14:15

measure that impulse or that moment, it

00:14:18

will be wonderful for me, right? Well, the

00:14:21

oscillators measure exactly that, the

00:14:23

impulse or momentum is worth it, they

00:14:28

also help me when the market is

00:14:31

in trend, it is not that they help me

00:14:33

detect the trend, it is not or they

00:14:36

are not good at all, I would say that they are

00:14:38

rather bad, the oscillators do not help

00:14:41

much in detecting trends, that is why moving

00:14:43

averages are better, but they do

00:14:45

help us to detect when that

00:14:47

trend may have gone too

00:14:49

far and needs a correction,

00:14:52

not a return of that trend

00:14:55

but a correction of a

00:14:57

consolidation, okay, that's what is

00:15:00

called overbought or oversold and you have to take it into

00:15:03

account, you have to take it into

00:15:04

account. that when we talk about

00:15:05

oscillators and states of overbought

00:15:07

and oversold in trend we are

00:15:11

referring to the short term, that is, we

00:15:13

are referring to a

00:15:16

short-term correction,

00:15:18

the agreement is not a large

00:15:21

return movement simply because an oscillator

00:15:24

is overbought, this is a very mistake.

00:15:26

Common good

00:15:32

also helps us when the market

00:15:34

when the market is in ranges or in

00:15:37

consolidation is certainly something that

00:15:40

happens most of the time,

00:15:42

markets, no matter how trendy they are,

00:15:44

such as forex, only spend

00:15:46

approximately 25 or 30 percent of their

00:15:50

life of their time in trend the rest are

00:15:53

usually in consolidation is in

00:15:55

ranges in more or less

00:15:57

wide corrections but they are not in trend

00:16:01

so for those moments in which

00:16:03

they are not in trend if the price

00:16:05

oscillates between two bands and therefore

00:16:08

is in range, at this time

00:16:10

the use of oscillators is very useful if you

00:16:13

know how to use them, of course, okay, so

00:16:16

as we see here we have two

00:16:20

very different styles of indicators, the

00:16:21

moving averages and the oscillators, each of

00:16:24

them specializes, each of them is

00:16:27

worth it. to detect a

00:16:29

different market state

00:16:31

according to the moving averages work

00:16:34

better in trend the oscillators

00:16:36

work much better in ranges and in the

00:16:40

trends they only serve us to

00:16:42

anticipate possible very

00:16:46

short-term corrections

00:16:48

then there is something that is a

00:16:51

combination of the two things exists something,

00:16:54

there is an indicator that allows me

00:16:57

to use it both in the trends and gave me

00:17:01

indications or helps me put the magnifying glass

00:17:04

on those trends like this photo that

00:17:06

we have here and at the same time also

00:17:09

helps me in the range states to

00:17:12

detect overbought states and of

00:17:14

overselling, well yes,

00:17:17

Macri, for example, is

00:17:20

worth the MACD and I like to say that it

00:17:23

is the best of both worlds, take the

00:17:26

best of the moving averages and take the

00:17:28

best of the oscillators, it is not that it is

00:17:31

a sum of moving averages plus

00:17:33

oscillators, okay,

00:17:35

but yes, it takes the best of both

00:17:37

worlds, it is the best of both worlds, the

00:17:40

macd and

00:17:43

I see that you have written some questions,

00:17:45

we hope to improve the ending, if we

00:17:47

care, it is worth keeping the

00:17:49

pace of the proposal because it is very

00:17:51

likely that some of the questions

00:17:53

What are you doing are answered

00:17:55

throughout the webinar okay if it wasn't

00:17:57

like that at the end he tried to clarify it for you

00:17:59

okay

00:18:00

well but what is macd and what does

00:18:05

macri mean that name makes me like there are

00:18:07

people who say in English they usually say

00:18:09

macd and well, macd and it comes from the

00:18:12

words in English very well average

00:18:14

convergentes day version or in Spanish

00:18:17

convergence/divergence of the moving average

00:18:20

as simple as that okay no it doesn't

00:18:23

mean anything else

00:18:26

the mcdean was invented by a man

00:18:30

this man in the photo what is gerard

00:18:33

apple invented it at the end apple with 2

00:18:36

ps2 ps and

00:18:39

l in the end it is not not the one with the ipads

00:18:44

well then i was the apple invented it at the

00:18:47

end of the 70s and is president

00:18:50

of an american capital management firm

00:18:52

with A lot of experience, he is

00:18:54

a renowned author with more than 12 books

00:18:57

and a lot of articles on

00:19:01

technical tools and

00:19:03

technical analysis. The name comes from he

00:19:07

gave it this name

00:19:09

because moving averages by

00:19:12

themselves have a very

00:19:14

characteristic property that everyone Those of you who

00:19:17

use them in your charts will have

00:19:19

noticed that they tend to

00:19:21

converge and diverge, that is, the

00:19:25

moving averages, if you put several

00:19:26

moving averages or if you put two

00:19:29

moving averages, one fast and one slow,

00:19:31

as the price advances, these tend to

00:19:33

they diverge or converge they diverge or

00:19:35

converge and in the ranges or in the

00:19:38

consolidations they tend to get tangled as

00:19:40

if they were spaghetti okay this painting

00:19:44

then from there in the name

00:19:48

of that convergence and divergence that

00:19:50

the moving averages constantly offer us

00:19:52

let's see how the

00:19:56

macd and why if we understand well how

00:19:58

each of its elements is constructed

00:20:00

we will be much closer to understanding

00:20:02

the information it gives us and knowing

00:20:06

how to get the maximum use out of it

00:20:08

okay look at

00:20:11

the macd and it has three elements

00:20:15

three elements a first element is the

00:20:19

main line is blue and

00:20:21

here you have the main line is the

00:20:25

basic line of the indicator this line

00:20:28

in itself is already a large part of the

00:20:31

indicator the rest are being added and

00:20:34

perfecting the indicator but the

00:20:36

main one is agree

00:20:41

the next element is what What is called

00:20:44

a line is a sign that I draw here, just

00:20:47

draw red and a discontinuous line in a

00:20:51

dashed line, this other element

00:20:54

here that you will now see is nothing more than

00:20:55

a moving average of the main line, it is

00:20:58

a way to soften the main line

00:21:00

as shown. always does with

00:21:02

moving averages whenever a

00:21:04

moving average of any type is used whether it is simple or

00:21:07

exponential or weighted it does not matter it

00:21:10

is always a way to smooth

00:21:14

a series of data whether it is the price or

00:21:17

an indicator so here it is used

00:21:20

to smooth the line main and there is

00:21:24

a third element which is the histogram

00:21:27

okay the histogram

00:21:31

is a graphic representation

00:21:34

the word histogram does not come from

00:21:36

mack of the word histogram is nothing more

00:21:39

than a graphic representation in

00:21:42

statistics any

00:21:44

graphic representation that is like this in

00:21:46

columns is called histogram okay Let it be in blocks of

00:21:51

columns, as is the case in this case. If you

00:21:53

notice, we have a block of columns,

00:21:55

well, this is the histogram, okay,

00:21:59

these are the three elements, remember the

00:22:01

main line, the signal line, the

00:22:04

histogram,

00:22:06

okay,

00:22:10

the main line, let's see how it works.

00:22:12

build

00:22:13

the main line normally with

00:22:16

standard macd parameters and then

00:22:18

we will talk much more about this

00:22:22

normally it is built with two weeks

00:22:24

with the difference of two and more than two

00:22:28

exponential averages, the one at 12 and the one at 26

00:22:32

okay,

00:22:34

for example,

00:22:37

look at this graph in In

00:22:40

this graph I have put the

00:22:45

yolk of 26 in blue, in red the yolk of 12

00:22:52

and below you have the macd and from which I have

00:22:55

removed the signal line and I have

00:22:56

removed the histogram we leave only the

00:22:58

main line you see the

00:23:01

main line goes to evolve above and below

00:23:04

the 0 line or waterline once this is

00:23:09

a zero line

00:23:12

and can go above or below what

00:23:16

this line indicates to us well it tells us the

00:23:19

difference between these two averages if you

00:23:22

notice in this section here that the the

00:23:24

fast average goes below the

00:23:28

slow average the average of 12 goes below the

00:23:31

average of 26 the macd and goes down

00:23:36

as this distance increases, thus

00:23:38

the line below will increase at the

00:23:40

moment in which it has the most distance

00:23:42

to This is it, you see that there is more

00:23:44

distance, that is why there is more distance

00:23:45

between this point and the zero line and

00:23:48

when they are touching, crossing the

00:23:50

main line, it marks zero. You see, I have

00:23:53

drawn these black lines vertically

00:23:55

so that you can see when they cross like the

00:23:58

line. from below mark zero here again

00:24:01

they cross mark zero here again they

00:24:04

cross mark zero and so on

00:24:07

when the line approaches it approaches

00:24:10

zero

00:24:11

okay then the main line

00:24:14

will always be the difference between two

00:24:17

subjects normally the 12 and the 26

00:24:21

when the fast line goes above the

00:24:24

slow positive mark and when the fast line

00:24:27

goes below the slow negative mark,

00:24:30

therefore the main line

00:24:33

is summarizing the behavior of

00:24:36

two moving averages which is very useful

00:24:38

for analyzing trends. You see here

00:24:42

we have a bearish trend where

00:24:44

the motto goes to the negative side

00:24:46

downwards the longer the

00:24:48

bearish trend is maintained

00:24:51

as long as the bearish trend is maintained

00:24:53

the two weeks will remain

00:24:55

aligned and therefore the

00:24:58

main line will remain below at the

00:25:01

moment in which that the trend changes

00:25:02

the 12 more they cross and

00:25:07

the main line begins to mark

00:25:09

positively this is the main function of

00:25:15

and the main line is worth the

00:25:16

redundancy with forgiveness

00:25:18

okay

00:25:20

I am showing you here the three

00:25:22

original or classic elements let's say

00:25:26

of the macd and The histogram was added

00:25:29

later in the 80s. There are

00:25:31

graphic action platforms that,

00:25:34

in my mistaken opinion, only use the

00:25:37

histogram to show this line.

00:25:40

Instead of showing this

00:25:42

as a line, they show it as a ready-made

00:25:45

graph, but in essence the information that

00:25:47

we get da is the same well

00:25:53

let's see the second element the

00:25:55

second element is the signal line the

00:25:57

line is signal is nothing more than an emma of

00:26:00

the main line normally of 9 the

00:26:03

ema of 9 is valid that is to say it is smoothed in

00:26:07

nine periods it is smoothed

00:26:10

You can see the main line here, if you look, the

00:26:12

red line has a much

00:26:14

smoother behavior, therefore I can use it

00:26:18

to either have a smoother main line

00:26:22

or use the classic

00:26:27

cut on the signal line, as is the

00:26:31

case here. It is telling us

00:26:34

when the main line cuts the

00:26:38

signal line It is telling us that the

00:26:41

trend could be losing strength

00:26:43

okay

00:26:46

well we already have the elements analyzed

00:26:48

the main line the signal line and

00:26:51

now we are going to see the histogram the

00:26:54

histogram is nothing more than the difference

00:26:57

between the main line and the signal line

00:27:02

according to as simple as that is to

00:27:04

say

00:27:06

and has added here now we already have the

00:27:08

macd and with the three classic elements

00:27:10

main line signal line

00:27:13

histogram if you see the histogram

00:27:18

the only thing that is marking me It is the

00:27:20

distance between the

00:27:23

main line and the signal line when

00:27:26

it is large the histogram marks

00:27:29

that distance and when it is zero like that

00:27:32

at this point here where

00:27:34

the histogram crosses it marks zero

00:27:36

okay

00:27:44

one thing is worth it. to the histogram there are

00:27:48

traders there are analysts who also

00:27:51

use it as a signal that is to say they consider that

00:27:53

when the histogram is positive

00:27:59

for example there is an upward trend

00:28:00

when it is positive and it goes

00:28:03

down they consider that the trend

00:28:06

is weakening ok and when it rises

00:28:10

from Below the zero line they consider

00:28:12

that it is strengthening. Here we have

00:28:14

a couple of good examples. Look, we have

00:28:17

the clear resounding downward trend and at

00:28:21

a given moment the histogram reduces

00:28:27

its value and approaches zero and

00:28:29

just when it reaches zero it stops. It produces a

00:28:31

consolidation in that trend. You see,

00:28:34

we have a clear momentum, consolidation

00:28:36

of agreement and then

00:28:39

the trend resumes again in the bullish section.

00:28:42

The same thing happened. We have this bullish section and

00:28:45

just when

00:28:47

the histogram approaches 0,

00:28:51

consolidation occurs in this area. from here

00:28:55

that is the usefulness of the histogram

00:28:58

well then we will talk a little about the

00:29:00

signals that it gives us okay for the moment I only

00:29:02

wanted to focus on the three elements

00:29:05

main line line and signal and

00:29:08

istogram let's talk now about the

00:29:11

signals therefore okay

00:29:15

well

00:29:17

first signal well, one important thing

00:29:21

regarding the signals and signals does not

00:29:24

mean that they are operated as is and we already

00:29:27

have a winning system. do not be very

00:29:30

careful with the term signals. It is usually

00:29:32

used a lot in terms of signals but

00:29:34

in reality they are nothing more than a

00:29:36

previous tool. prior signal that

00:29:40

will always require confirmation

00:29:42

by the price always always

00:29:43

always the price has the last word

00:29:46

the break of the price of a level

00:29:48

the break of the price of a pattern of a

00:29:52

pattern exhaustion of a shoulder head

00:29:54

shoulder a right triangle or of a

00:29:56

trend line agree but you will

00:30:00

never see only the MACD signals and they do

00:30:02

not give good results agree

00:30:05

well the first signal is the crossing of the

00:30:08

zero line

00:30:10

ok

00:30:12

when this crossing occurs it

00:30:14

means that the average of 26 has crossed the

00:30:17

average of 12, as we have seen before,

00:30:20

in the world of moving measurements, it can

00:30:21

be a warning of a possible change in

00:30:23

trend, and it can be a filter for the

00:30:26

long and short entry signal. Let's look at

00:30:30

some examples, look

00:30:32

at the graph from before, now I've

00:30:35

put it to the little arrow to make it

00:30:36

clearer what its signals were,

00:30:39

well, the clearest ones were this one

00:30:42

here okay, it crosses the zero line and we have

00:30:48

a trend, later it crosses

00:30:50

the zero line again and the trend

00:30:52

turns around, it crosses the zero line again

00:30:54

and a certain downward stretch is made

00:30:56

until it crosses the zero line again

00:30:59

and it makes a new bullish stretch

00:31:01

until it crosses the zero line again

00:31:03

and you have it and at this moment it would give us

00:31:08

notice of shorts sale voucher

00:31:12

of course this example is Well chosen,

00:31:14

it is very clear, it is very beautiful, but

00:31:17

when the price is in a range as

00:31:18

it happens here, the line crosses it, the stockings

00:31:22

get tangled like spaghetti, it crosses it

00:31:23

several times and gives us many false

00:31:25

signals of agreement, but when there is thirst,

00:31:27

there are trends, the signals are clear and

00:31:29

clean,

00:31:32

the divergences are good, one of my

00:31:35

favorites,

00:31:36

one of my favorite warnings from Mike

00:31:38

Vick,

00:31:39

they can be positive or artists and

00:31:42

negative or bearish,

00:31:44

okay, this signal I used it for several

00:31:48

years in my return system and

00:31:50

combined with other signals it

00:31:53

gave me very good results

00:31:56

but always combined with other signals you

00:31:58

can always see the explanation of

00:32:01

this system

00:32:03

on our forex website dotcom web

00:32:07

if you go to the webinars section you have to

00:32:10

register because the recordings are

00:32:11

only there

00:32:13

if you register you can only access

00:32:15

them and if you register then you

00:32:17

register You go to the webinars section and

00:32:21

at the top a magnifying glass appears, a magnifying glass in

00:32:24

which it may be a search field and

00:32:26

type my first winning system and you

00:32:29

will get two webinars about it, okay, what is

00:32:32

offered here on fx street then

00:32:36

and there you can see the explanation of that

00:32:38

system that I mention and that

00:32:40

uses divergences as one of the

00:32:42

input filters

00:32:45

then divergences

00:32:50

the first thing that is a divergence a

00:32:53

divergence is when two indicators or

00:32:56

two series of values that should

00:32:58

advance together do not advance at the same

00:33:00

time, that is, two series of data

00:33:03

have to advance in the same direction

00:33:05

and at a given moment one of those

00:33:07

data series does not advance the same thing is left

00:33:09

behind ok the financial markets that

00:33:14

is what we are looking for here in the

00:33:15

macd divergences and we look for

00:33:18

possible divergences we look for the

00:33:20

price is advancing but on the other hand the

00:33:22

macd and at a given moment it does not advance the

00:33:25

same as the price is worth the

00:33:28

financial markets we look for that because the

00:33:30

financial markets show greater

00:33:31

momentum and a while before the final peak that is,

00:33:35

not the maximum momentum just

00:33:38

like the ball of tennis, when

00:33:40

we launch it upwards, the maximum momentum

00:33:42

is not in the final part, it is at the

00:33:46

beginning and above all, in reality in the

00:33:49

middle part of the trend, that

00:33:51

is, if we have a trend and

00:33:56

the momentum of that

00:33:58

trend is decreasing, we may be facing a warning

00:34:02

that this trend is losing

00:34:03

strength and that it may run out and turn

00:34:05

around or at least consolidate, it is worth

00:34:08

remembering that a divergence does not

00:34:11

mean that the trend is going to

00:34:13

turn around as if it were a V-

00:34:16

turn, but rather what it means is

00:34:18

that

00:34:20

well it is losing momentum it is

00:34:22

losing momentum and therefore it is

00:34:25

possible that it needs a consolidation

00:34:28

okay

00:34:30

the divergences therefore they warn us of

00:34:32

a weakening or

00:34:34

strengthening also but they are not

00:34:37

buy or sell signals very important

00:34:39

no Never use a divergence as a

00:34:42

buy or sell signal.

00:34:43

I have seen traders who see this in the

00:34:46

divergences and say what a

00:34:47

better signal and when

00:34:51

and what they do is as soon as they see a

00:34:54

potential divergence they go in the

00:34:55

opposite direction but of course then

00:34:57

the price may continues downwards

00:34:59

and that divergence is canceled so

00:35:02

always look for confirmation in the price

00:35:04

if you observe my reversal system

00:35:08

the one that operated on charts for one minute I

00:35:10

always looked for the final confirmation

00:35:12

of the price the break of the previous swing

00:35:14

in that case that is to say that It will complete

00:35:17

the exhaustion pattern. Ok, let's say that

00:35:20

the divergences can be put this

00:35:24

way. Imagine the divergences as

00:35:25

if it were when it was going to rain. Ok,

00:35:29

imagine that you are looking at the sky and

00:35:31

suddenly you see some black clouds

00:35:33

approaching. Well, the fact that there are black clouds does not

00:35:36

mean that there is a 100%

00:35:38

probability that it will rain but if it is an

00:35:40

important warning, it is bad and careless that it

00:35:43

may rain, okay, but do not open your

00:35:46

umbrella simply because you see the

00:35:48

black clouds because maybe it is not raining,

00:35:52

this is the same thing, well, let's see

00:35:54

some examples We are going to see three

00:35:56

examples of bullish and three

00:35:58

bearish divergences. Look at this example. We have

00:36:03

a very important thing on the screen before talking

00:36:05

about the examples. Always, always, always, whenever

00:36:09

you look for divergences, there must

00:36:11

be a previous trend,

00:36:14

okay, don't look for divergences if there is no

00:36:17

trend. prior, that is, look at

00:36:19

the price and if it has a trend, it has been

00:36:22

trending for a while, then you can

00:36:24

look for divergences. Don't look for

00:36:26

divergences in ranges because that doesn't

00:36:28

work. That's

00:36:29

useless. It's wrong information. Therefore,

00:36:32

all the examples are going to see what

00:36:34

we have before. a trend then we have

00:36:37

the clear bearish trend new

00:36:39

lows

00:36:41

and new lower lows and

00:36:44

also lower highs and at a given moment

00:36:46

you see that the main line of the macd and is

00:36:49

coming down and at a

00:36:52

given moment this peak here coincides with this one

00:36:54

but this one peak here instead of

00:36:58

the macd coming down here and going

00:37:00

up,

00:37:01

therefore it is telling me that

00:37:03

when this minimum was marked here

00:37:05

there was less momentum than when

00:37:09

this minimum was marked here remember the example

00:37:11

of the ball is

00:37:13

worth the The little ball was going strong here and

00:37:16

when it gets here it already has little force or

00:37:19

it has much less force. You see this

00:37:21

divergence okay, so in that case

00:37:24

we traders stay alert and

00:37:27

say be careful, this trend may

00:37:29

be running out. I'm going to mark a

00:37:32

possible entry point for myself. place of

00:37:35

confirmation that if the price breaks it

00:37:37

I entered in the opposite direction okay in

00:37:41

this case the confirmation line would be

00:37:44

this base here is this kind of

00:37:46

neck of this kind of

00:37:47

shoulder-head-shoulder okay you see it clearly

00:37:52

another example another bullish divergence

00:37:54

again very clear trend new lows

00:37:57

new neither min or lows lows lows

00:38:00

and at a given moment the mighty that

00:38:02

was down at a given moment

00:38:06

does not manage to set minimums for us this peak

00:38:09

here coincides with this one this peak

00:38:11

here coincides with this one but this one instead

00:38:14

If we are lower, it falls short,

00:38:16

what is telling us that this peak

00:38:19

here and if it was achieved with more momentum

00:38:22

than this one here, this was pure inertia,

00:38:24

okay, what it is telling us, the

00:38:26

market is losing strength, the

00:38:28

market is losing strength, okay,

00:38:31

it is ready to consolidate or turn

00:38:33

around

00:38:34

I marked a line here and I say if

00:38:37

it breaks this level from here it went in the

00:38:39

opposite direction

00:38:41

another example the same but in reverse

00:38:43

now we see a bearish divergence

00:38:50

bullish trend remember there always has to

00:38:52

be a trend to the previous one

00:38:54

always the macd and it goes up, it

00:38:56

gives us momentum, why well because

00:38:57

here there is momentum, look at the more solid candles that are

00:38:59

clearer up,

00:39:02

however, here and there is starting to be more

00:39:04

confusion, there is less momentum, which is what

00:39:06

the mcd is marking for us and loss

00:39:09

of momentum you see it momentum momentum

00:39:13

loss of momentum loss of momentum it

00:39:17

stays chop and as the Americans would say it

00:39:19

stays ranking laterally many candles

00:39:22

to almost go nowhere okay it

00:39:26

gives us a divergence because it manages

00:39:28

to make new highs

00:39:30

but the macd has not generated a new

00:39:32

high the maximum was this,

00:39:35

that is, there was more momentum when

00:39:37

this happened than when this happened. The market

00:39:40

is ready to consolidate or turn

00:39:43

around or at least needs

00:39:45

additional momentum, therefore

00:39:48

a line is marked, a zone

00:39:50

and confirmation that if the price the

00:39:52

break will be the return of this line of

00:39:55

break and confirmation now we do not have

00:39:58

much time to explain it but if

00:40:01

you watch the webinar that I have explained to you in

00:40:03

my first winning system and quite a few

00:40:04

examples of it it is worth

00:40:08

another bearish divergence

00:40:10

very clear bullish trend new highs

00:40:13

new highs new highs new highs the

00:40:15

macd and it is going up and at

00:40:17

a given moment look here we have

00:40:18

a double divergence because we have a

00:40:22

divergence between this point and this one

00:40:24

you see here the mcday here is higher at

00:40:27

this point

00:40:29

than at this one that we go down

00:40:31

but then it made no maximum and

00:40:34

we went even further down

00:40:36

divergence of the book okay we

00:40:39

stay alert and wait for it to

00:40:41

break a confirmation point

00:40:44

and here you have another example of a new

00:40:46

bullish trend and a

00:40:48

very clear divergence the price He was first,

00:40:51

he made a complete shoulder head shoulder

00:40:54

and it was not until he completed the shoulder

00:40:56

head shoulder that he already went down

00:40:57

but with very little force but what

00:40:59

was clear is that the trend

00:41:01

had been exhausted or

00:41:07

another type of signal because the histogram

00:41:09

that dropped before is worth

00:41:13

the histogram

00:41:15

when it crosses the zero line

00:41:20

many consider it a signal because

00:41:22

what is happening is that the

00:41:23

main line is crossing its

00:41:27

moving average okay I like to see it more in the

00:41:30

short term this crossing here and the

00:41:34

histogram going to 0, as you can see,

00:41:37

is showing us a movement, the

00:41:38

anticipation of a possible

00:41:40

short-term movement, such as this consolidation,

00:41:42

okay, so don't look, don't use

00:41:46

the histograms or the crosses

00:41:48

here to look for long movements

00:41:50

because it doesn't have a proportion, it's just They are

00:41:52

valid for short movements,

00:41:55

however, divergences

00:41:58

and trends, divergences

00:42:01

can be anticipating a change in a

00:42:04

larger movement,

00:42:06

a change movement, a

00:42:08

larger price movement, but it always has to

00:42:11

be confirmed by the price,

00:42:14

according to one more thing that few people know

00:42:17

about. the macd and but it is

00:42:20

perfectly correct to do it since it

00:42:22

is an oscillator ok since we

00:42:25

are talking about an oscillator

00:42:27

and we can use it to detect

00:42:29

overbought and oversold signals

00:42:31

just as it is done with the rs and just as it is

00:42:34

done with the stochastic it is worth the

00:42:36

difference The main thing is that the rs or the

00:42:39

stochastic are built around one

00:42:41

hundred percent, that is to say, a stochastic

00:42:44

or an erre 6 are built from 0 to 100

00:42:47

or are indexed, let's say from 0 to 100

00:42:51

to work in percentage and

00:42:53

therefore their data is already

00:42:57

However, the macd is normalized and

00:43:00

we are working with absolute values.

00:43:02

What you see when you look at the macd and the

00:43:04

main line is a distance in pips

00:43:07

between the two moving averages that

00:43:09

make up the 12 and the 26,

00:43:12

therefore if we want use it to mark

00:43:15

overbought and oversold areas, you have

00:43:17

to do previous studies, you have to do

00:43:20

previous backtesting of each pair or

00:43:22

each market to detect

00:43:25

which areas of the mctii can be considered

00:43:28

overbought or oversold, that

00:43:31

is, it is not like the rs and what one says Not

00:43:34

when it is above 70 it is

00:43:35

overbought and below 30 it is

00:43:37

oversold, not in the MACD and you have to

00:43:43

study it but it can be done

00:43:44

anyway, that is, look at this

00:43:46

graph, I could plot, do some

00:43:49

research and come to the conclusion

00:43:50

that when It is above this line

00:43:53

here

00:43:55

and it could be X pips ok well it is

00:43:58

oversold sorry overbought ok and

00:44:03

that was the case as you see it

00:44:06

extended quite a bit it was overbought and

00:44:08

needed a correction in the case

00:44:10

of oversold the same the same but

00:44:13

Below there are many traders who

00:44:15

use this and technically it is correct

00:44:18

to do so but you have to know how to do it, it requires

00:44:20

an analysis and an additional study

00:44:23

okay so as you can see the macd and it is a

00:44:27

very very very complete indicator that

00:44:29

gives us a lot of information that deserves It is

00:44:32

worth specializing in. It is one of the

00:44:34

few indicators that I teach to my

00:44:36

students and to the traders who train

00:44:39

with me.

00:44:42

I am of the opinion that it is not necessary

00:44:45

to know many indicators to be a good

00:44:47

trader but rather, on the contrary,

00:44:49

to know a few

00:44:51

a little. of each of these samples of

00:44:55

types of indicators that there are and with that

00:44:57

is more than enough I agree one

00:45:01

more thing that I want to add before

00:45:04

finishing the macd and normally it is adjusted

00:45:08

with the parameters of 12 26 9 what does

00:45:11

the difference of the ema of 12 and 26

00:45:14

and then the main line smoothed with

00:45:17

the one of more than 9 that means 12 26 9

00:45:19

okay

00:45:21

I can make adjustments to the macd and

00:45:26

to vary the when it was apple

00:45:29

designed the macd and did it with

00:45:32

daily charts in mind So, above all,

00:45:35

daily charts were designed,

00:45:37

daily charts were followed, there was not so much

00:45:38

intraday and for that reason the

00:45:41

standard parameters are these 12 and 26 because I

00:45:45

was thinking more about an average of

00:45:49

a month and an average of half a month is

00:45:51

discounted by 12 and 26 Well, more or less, that's

00:45:54

a little less than

00:45:56

half a month and a little more than a month.

00:45:59

Ok, it's cool to forgive but it is possible to

00:46:02

modify the mind settings and

00:46:04

make them coincide with any other

00:46:06

period of time that you want with another

00:46:08

temporality. or other trend cycles

00:46:11

you know that trends move by

00:46:12

cycles okay and one can adjust those that

00:46:17

is the macri in such a way that it

00:46:20

detects those other cycles or those

00:46:22

other temporalities is to look before

00:46:25

to understand how that is done you have to

00:46:27

understand that The averages have

00:46:29

correspondences between different

00:46:31

temporalities. It's okay, look, for example,

00:46:36

the ema of 12 on the daily chart. The ema

00:46:41

of 12 on the daily chart is equivalent to

00:46:43

an emma of 72 on the 4-hour chart.

00:46:47

Ok, that is, you plot an m 12 on the

00:46:51

daily chart and you plot an emma of 72

00:46:54

on the 4 hour chart and they are

00:46:55

exactly the same okay they have an

00:46:59

exact correspondence okay and the

00:47:03

ema of 26 on the daily chart

00:47:06

has exact correspondence with the ema

00:47:08

of 156 on 4 hour charts that is to say The

00:47:12

only thing I'm doing is if a day

00:47:14

has 24 hours with the 4 hour chart

00:47:16

it took six bars to complete a

00:47:20

day so the only thing I do is

00:47:22

multiply this by six and in the m-12 times

00:47:26

six it gives me 72 and the m 26 times 6 average

00:47:29

156 therefore

00:47:33

the daily charts of the mctii of 12 26

00:47:37

9 would be equivalent, for example in the

00:47:41

4 hour chart to the mac of 72 156 9 okay it is the

00:47:47

same it is exactly the same okay if

00:47:51

you look at a graph look if you look

00:47:55

a four hour graph like this one that

00:47:58

I have on the screen this is the

00:48:00

4 hour graph

00:48:02

I think it was the euro/dollar actually

00:48:04

the euro-dollar

00:48:05

well here you have the

00:48:07

standard mac below the 12 26 9 the standard

00:48:11

and above the mac Daily

00:48:14

is a way of not

00:48:17

losing perspective of what the

00:48:19

main trend is. Okay, I see a

00:48:22

bullish movement in four hours but

00:48:26

that bullish movement is also

00:48:27

being and is being accompanied on the

00:48:30

daily chart

00:48:32

and when that consolidation is produces and it

00:48:35

goes negative on the 4-

00:48:37

hour chart, which is this section here on the

00:48:40

daily chart is still very bullish

00:48:42

because it is still well above 0, it

00:48:44

is nothing more than a small consolidation

00:48:46

on daily charts, that is, if

00:48:49

we adjust the parameters of the macd and it

00:48:52

serves us the same as a microscope or a zoom,

00:48:54

we can get closer or further away from

00:48:57

what we want, well exactly the

00:48:59

same in the macd and the third parameter,

00:49:02

9, I wouldn't touch that one, we don't have to

00:49:05

touch it because that one doesn't It is affected

00:49:06

by temporality, it only softens the

00:49:08

main line

00:49:11

very well, well, we have about

00:49:12

five or six minutes left to finish, we are going

00:49:16

to take the opportunity to clarify any doubts and

00:49:17

questions you may have,

00:49:20

can you please start the questions right now,

00:49:30

the elemental one says yuri and macri as

00:49:33

your favorite even though another one from abbas

00:49:35

frames of one minute or macri only for

00:49:37

time frame jumps no I used it in one

00:49:39

minute the macd and I also used this one

00:49:43

from 12 26 9 also in daily charts

00:49:45

okay

00:49:47

but when I say that it is my favorite does not

00:49:49

mean that I cannot live without it,

00:49:51

it means that it is the one that I know best

00:49:54

as I explained at the beginning and we must keep in

00:49:57

mind that when

00:49:59

the macd was built and it was built for

00:50:01

daily charts it is worth the same as most of the

00:50:04

indicators what It happens that

00:50:06

and it works very well in any

00:50:08

time frame and you can even follow

00:50:12

various time frames by changing the

00:50:14

macd settings and as I just

00:50:16

explained

00:50:19

in valderrama it says which platform

00:50:21

you use in this presentation you are referring to

00:50:24

the graphics platform I have

00:50:26

used the one from educas copy j forex and

00:50:30

well, if you are referring to the power point that

00:50:32

I use, it is an apple keynote,

00:50:37

oscar says the divergence of the brands

00:50:40

on highs or lows

00:50:43

on both, if it is bullish, oscar on

00:50:47

the highs and if I'm looking, I mean,

00:50:51

I'll put the slide back on you

00:50:53

So that you understand it,

00:50:55

we are going to see if the movement is bullish.

00:50:57

For example, this one here is marked

00:51:02

on the maximums. This is what is

00:51:05

called bearish divergence because it is

00:51:07

pushing the divergence downwards.

00:51:09

This line here is marked on the maximums. I do

00:51:11

n't see it. I normally draw it

00:51:12

now for greater clarity,

00:51:14

it is marked on the highs at the

00:51:17

top, okay, and if it is a

00:51:21

bullish divergence, that is, after a

00:51:23

bearish trend, it is done on the lows,

00:51:28

that is, it is always done on the

00:51:30

outside of both the graph and Of the

00:51:32

indicator,

00:51:34

if the webinar has been recorded, you can

00:51:36

see it here in the fx street file.

00:51:39

I think you are recording it, right, Vicky,

00:51:42

and we are also recording it. You

00:51:44

can see it on our

00:51:46

website. Ok,

00:51:48

Arturo says, it could be used for

00:51:51

further trading. active in 15

00:51:53

minute and one hour charts, as I have mentioned,

00:51:54

it works well in any

00:51:57

rada GDP temporality that another indicator suggests

00:52:00

accompanying the mahdi to obtain good

00:52:03

signals because the price I in principle

00:52:06

with the price and the macd and I think

00:52:09

you have a lot of information already You no longer

00:52:12

need any other indicator, in my

00:52:13

opinion

00:52:16

for chartism, using the macd is

00:52:18

recommended if you can use david, it

00:52:20

is not recommended

00:52:22

because you can do chartism

00:52:24

perfectly without any indicator but you

00:52:26

can use any indicator

00:52:28

as confirmation or as a preview of what you have.

00:52:30

the figures are going to happen artists

00:52:32

manuel vale already explains where it is

00:52:35

recorded

00:52:39

that the macd is a

00:52:41

leading indicator no care liked be

00:52:44

careful with the concept of

00:52:46

leading indicators the in reality the

00:52:49

leading indicators do not exist

00:52:52

because there is nothing that uses future data okay

00:53:00

Absolutely all of the indicators are lagging

00:53:02

because they are built on data from the

00:53:03

past and the Macri also because it is

00:53:06

built on moving averages and

00:53:08

moving modes are always lagging.

00:53:10

Now there are some indicators like

00:53:12

ichimoku that, because they move, are usually

00:53:15

considered leading indicators, but

00:53:16

that is not the case. It means that they predict, the

00:53:18

only thing they want to say is that they are

00:53:21

moving forward, but they are

00:53:24

built on data from the past, it is

00:53:25

still worth searching, it says bullish

00:53:28

about maximums and it is ok, excellent, the

00:53:31

kind of nothing Andrés Isabel says the yolk

00:53:35

of 12 corresponds to that of 72 For four

00:53:37

hours and 26, how much is 156? You

00:53:41

have to multiply by 6. Ok, Isabel

00:53:43

Ramón says a magnificent explanation of the

00:53:46

MACD and what importance you give to the

00:53:47

histogram. I very little and I

00:53:50

have worked very little on the Ramón histogram. In

00:53:54

fact, I even remove it normally,

00:53:58

but totally. ronald and yuri I like to use

00:54:00

price action to mark important supports and

00:54:02

resistances combining with

00:54:05

candle patterns radio operations in

00:54:07

corrections or codes okay I do

00:54:09

n't know if it's a question or a statement

00:54:11

excuse me

00:54:12

and he goes and says at the European opening

00:54:14

after a divergence you always

00:54:16

expected an exhaustion pattern or a

00:54:18

simple swing overcoming it helps us

00:54:19

to enter

00:54:21

first I expected the divergence you will see it

00:54:24

at ibai similar to the webinars first

00:54:27

search for divergence then

00:54:30

exhaustion pattern and then zoom break

00:54:31

previous Álvaro says we will have to try in

00:54:34

backtesting such a perfect

00:54:38

Mario says weekly graphs, you could

00:54:41

use 12 26 9 or you would have to make

00:54:43

modifications. No,

00:54:45

12 26 9 would also work well, after all, it is equivalent to

00:54:50

26, about half a year or so ago. Juan

00:54:53

says fantastic information. Pedro says

00:54:56

what they could be. the values of the

00:54:57

marketing measures in time frames of

00:55:00

5 and 15 minutes in the same 12 26 9 are

00:55:05

bad for us in principle you don't have to

00:55:06

change it okay vicky confirms that it

00:55:09

is being recorded okay and you can

00:55:10

see it in the file space just me

00:55:14

God uses

00:55:16

very good leading indicators, the MACD and mental trade

00:55:20

marketing, meta trade, only the line appears

00:55:22

as a signal. It seems to me that the meta trader is one

00:55:24

of those who use the histogram as a

00:55:27

line as a signal, okay, but they have another one that

00:55:31

also exists with the main line and

00:55:34

I It seems that it is called new mac dick or

00:55:36

something like that

00:55:39

and what else do we have here, Fermín says

00:55:41

for an hour and a half or fifteen minutes, okay,

00:55:44

explained, it would already

00:55:46

have a reactive indicator due to price reaction.

00:55:51

All the indicators are reactive due to price

00:55:54

reaction.

00:55:56

volume okay

00:56:00

time versus 5 minutes what would be the

00:56:02

configuration okay many of you are

00:56:04

repeating the same question to me what is the

00:56:06

recommended configuration in different

00:56:08

times it is 12 26 9 the only thing

00:56:11

I am saying is that the adjustment of the parameters

00:56:13

is in case you want at the same time that

00:56:16

you are Seeing one temporality to understand

00:56:19

what the MACD is doing and 12 26

00:56:22

9 in another temporality is fine, but with

00:56:24

a 6 12 26 9 in all of them it is enough,

00:56:28

well ppp, integrating rs and marketing in

00:56:33

the exchange crossings we would have less

00:56:34

delay in the data because

00:56:37

no I believe the truth, Jorge

00:56:40

Yury, you would bring back the one-

00:56:42

minute graph and you have now definitely stayed

00:56:44

in the newspaper, I would not return, which I do not know if I

00:56:47

will, never

00:56:48

say never,

00:56:51

thank you very much for the explanation, very

00:56:52

good, come on, let's

00:56:54

conclude the videoconference. It has been

00:56:56

a pleasure to be with you

00:56:59

once again, thank you all very much for

00:57:01

your assistance. If you liked the

00:57:03

explanation. If you liked

00:57:06

my way of explaining the contents. And

00:57:08

remember that you have me on the

00:57:10

forex web.com blog. Registered there. You have

00:57:14

a lot. a lot of

00:57:17

free content you have videoconferences you have

00:57:20

the magazine that is published monthly

00:57:22

with interviews with traders stay tuned

00:57:24

because I think that on Friday we will be able to

00:57:27

release the first magazine of this year and we

00:57:31

will see you on the blog remember you

00:57:33

register at forex bet.com you

00:57:36

can also follow us on facebook and on my

00:57:39

personal twitter account and on the

00:57:41

forex account twitter web okay a

00:57:44

big hug to everyone pp

00:57:46

how are you doing very well and by the

00:57:49

way a happy new year to all of you have

00:57:51

a fantastic year the year in

00:57:54

which all your wishes and

00:57:56

dreams about trading come true, a hug see you

00:57:59

later

Description:

Yuri Rabassa de www.forexduet.com explica todos los detalles sobre uno de los indicadores más completos y fiables: cómo se construye, interpreta y aprovechan sus señales. Si te registras gratis en www.forexduet.com también tendrás acceso a vídeos que no están en abierto y a la descargas de ForexDuet Magazine.

Preparing download options

Popular

HD video

Only sound

All

* — If the video is playing in a new tab, go to it, then right-click on the video and select "Save video as..."

** — Link intended for online playback in specialized players

Questions about downloading video

How can I download "Webinar: "Mi Indicador Técnico Favorito, el MACD"- Yuri Rabassa" video?

http://unidownloader.com/ website is the best way to download a video or a separate audio track if you want to do without installing programs and extensions.
The UDL Helper extension is a convenient button that is seamlessly integrated into YouTube, Instagram and OK.ru sites for fast content download.
UDL Client program (for Windows) is the most powerful solution that supports more than 900 websites, social networks and video hosting sites, as well as any video quality that is available in the source.
UDL Lite is a really convenient way to access a website from your mobile device. With its help, you can easily download videos directly to your smartphone.

Which format of "Webinar: "Mi Indicador Técnico Favorito, el MACD"- Yuri Rabassa" video should I choose?

The best quality formats are FullHD (1080p), 2K (1440p), 4K (2160p) and 8K (4320p). The higher the resolution of your screen, the higher the video quality should be. However, there are other factors to consider: download speed, amount of free space, and device performance during playback.

Why does my computer freeze when loading a "Webinar: "Mi Indicador Técnico Favorito, el MACD"- Yuri Rabassa" video?

The browser/computer should not freeze completely! If this happens, please report it with a link to the video. Sometimes videos cannot be downloaded directly in a suitable format, so we have added the ability to convert the file to the desired format. In some cases, this process may actively use computer resources.

How can I download "Webinar: "Mi Indicador Técnico Favorito, el MACD"- Yuri Rabassa" video to my phone?

You can download a video to your smartphone using the website or the PWA application UDL Lite. It is also possible to send a download link via QR code using the UDL Helper extension.

How can I download an audio track (music) to MP3 "Webinar: "Mi Indicador Técnico Favorito, el MACD"- Yuri Rabassa"?

The most convenient way is to use the UDL Client program, which supports converting video to MP3 format. In some cases, MP3 can also be downloaded through the UDL Helper extension.

How can I save a frame from a video "Webinar: "Mi Indicador Técnico Favorito, el MACD"- Yuri Rabassa"?

This feature is available in the UDL Helper extension. Make sure that "Show the video snapshot button" is checked in the settings. A camera icon should appear in the lower right corner of the player to the left of the "Settings" icon. When you click on it, the current frame from the video will be saved to your computer in JPEG format.

What's the price of all this stuff?

It costs nothing. Our services are absolutely free for all users. There are no PRO subscriptions, no restrictions on the number or maximum length of downloaded videos.