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How To Use The 3/10 Oscillator For Bette…r trading

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The MACD indicator is very useful when thinking of it in terms of momentum and trend and not as a holy grail.

There are many settings that can be used and I prefer to use the settings that reflect the 3/10 oscillator (Raschke).

While you can simply input the numbers 3,10,16 into your standard MACD, the proper 3/10 uses simple averages.

In Sierra charts (fast becoming my top charting platform), there is a drop down menu where you can change the type of average.

3/10 OSCILLATOR SETUP

The fast line is a good indicator of the overall change in momentum and the slow line is generally regarded as displaying the intermediate trend of the instrument.


http://www.netpicks.com/310-oscillator-macd/ - Read more

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