The Investor Sentiment - Equity and investments forum for Sri Lankans

Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans
The Investor Sentiment - Equity and investments forum for Sri Lankans
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
Search
Display results as :
Advanced Search
Latest topics
Coronavirus UpdatesMon Feb 08, 2021 9:56 amThe Invisible
Browns Investments updateTue Feb 02, 2021 2:38 pmYin-Yang
ACL CablesWed Dec 30, 2020 7:22 pmsubash
Merry Christmas to AllTue Dec 29, 2020 4:53 pmchutiputha
Trading Journal Sat Dec 12, 2020 11:33 pmxmart
HVA FoodsFri Dec 04, 2020 10:25 amThe Invisible
Tokyo CementMon Nov 23, 2020 9:42 amRajapaksap
Insider Dealings Fri Nov 20, 2020 2:30 ampjrngroup
UML United MotorsTue Nov 10, 2020 8:50 amThe Invisible
ExpolankaMon Nov 09, 2020 8:46 pmsmallville
Plantation Sector UpdatesSat Nov 07, 2020 8:15 amRajapaksap
HAYC - HaycarbFri Nov 06, 2020 12:11 pmsubash
LWL.N0000 (Lanka Walltiles PLC)Fri Oct 16, 2020 12:50 amsubash
Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Go down
avatar
Rana
Top contributor
Top contributor
Posts : 1786
Join date : 2015-12-16

MACD chart Empty MACD chart

Wed Apr 06, 2016 2:08 pm
Message reputation : 100% (1 vote)
who can explain about MACD chart and how to read MACD chart
LSE
LSE
Tech Contributor
Tech Contributor
Posts : 1321
Join date : 2014-06-04

MACD chart Empty Re: MACD chart

Wed Apr 06, 2016 2:20 pm
Message reputation : 100% (4 votes)
@Rana wrote:who can explain about MACD chart and how to read MACD chart

http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:moving_average_convergence_divergence_macd
avatar
lanka
Posts : 624
Join date : 2014-11-26

MACD chart Empty Re: MACD chart

Thu Apr 07, 2016 10:04 am
Message reputation : 100% (2 votes)
Thanks, dear LSE
nihal123
nihal123
Top contributor
Top contributor
Posts : 6327
Join date : 2014-02-24
Age : 54
Location : Waga

MACD chart Empty Re: MACD chart

Thu Apr 07, 2016 11:32 am
Message reputation : 100% (3 votes)
Pls read Rana

https://www.tradingview.com/stock-charts-support/index.php/MACD_(Moving_Average_Convergence/Divergence)

https://www.youtube.com/watch?v=k9nds4OpA2I

https://www.youtube.com/watch?v=L-cB_zZcpks

http://traderhq.com/ultimate-guide-to-the-macd-indicator/
avatar
Rana
Top contributor
Top contributor
Posts : 1786
Join date : 2015-12-16

MACD chart Empty Re: MACD chart

Thu Apr 07, 2016 11:34 am
Message reputation : 100% (3 votes)
Thank you very much Mr.LSE and Mr.Nihal123
avatar
lanka
Posts : 624
Join date : 2014-11-26

MACD chart Empty Re: MACD chart

Thu Apr 07, 2016 3:58 pm
Message reputation : 100% (2 votes)
Thanks, dear Nihal
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
Top contributor
Top contributor
Posts : 8819
Join date : 2014-02-23
Age : 63
Location : රජ්ගම

MACD chart Empty Re: MACD chart

Sat Apr 09, 2016 9:20 am
Message reputation : 100% (2 votes)
@ Rana,
Let us know your first hand experience as a novice user, when start using the particular Chart option please. Very Happy

_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
avatar
Rana
Top contributor
Top contributor
Posts : 1786
Join date : 2015-12-16

MACD chart Empty Re: MACD chart

Sat Apr 09, 2016 10:06 am
Message reputation : 100% (1 vote)
Very Happy Very Happy
It says Very Happy  when the macd above zero mean buy signal[when the macd cross over(above)  the signal line ] , below zero mean sell signal. but  I compared with our market when the  macd above zero mean there will be a down trend . the problem is how to find the bottom scratch  scratch.  trend. MACD  [size=18]එකේ  බයි  සිග්නල්  එක  එනකොට  මාර්කට්  එක  නැගලාt As I realized Techs always not working when the market manipulated.  t us know your first hand experience as a novice user, when start using the particular Chart option please. Very Happy [/quote]
smallville
smallville
Top contributor
Top contributor
Posts : 1871
Join date : 2014-02-23
Location : Trying to figure out..

MACD chart Empty Re: MACD chart

Sat Apr 09, 2016 9:25 pm
Message reputation : 100% (6 votes)
What you say is correct to some extent.. Currently market is looking for small gain than bigger ones so when MACD crosses the signal line, the sentiments may change and the underlying logic for crossover BUY signal may also get invalidated.

However, just with MACD, u cannot decide on a BUY. There are other useful indicators TAs use like SAR, RSI, ADX, etc.. A combination of all this is what gives a more clear picture.

look at the following chart;

MACD is turning, ADX is turning, SAR already under the price mark, then there's an englufing pattern.. All this sets for a run.. So unless some bad things happens in macro environment this is gonna run.

MACD chart Rexp10

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
sashimaal
sashimaal
Top contributor
Top contributor
Posts : 5785
Join date : 2014-02-28

MACD chart Empty Re: MACD chart

Sat Apr 09, 2016 10:01 pm
Message reputation : 100% (4 votes)
Admin,

Can we have a separate section in the Forum where newcomers can refer to these fundamental and important Topics and information. So many such threads exist now but in different places...
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
Top contributor
Top contributor
Posts : 8819
Join date : 2014-02-23
Age : 63
Location : රජ්ගම

MACD chart Empty Re: MACD chart

Sun Apr 10, 2016 12:44 am
Message reputation : 100% (3 votes)
I echo the same sentiment  Very Happy
(Though I employ a different ploy for buying / selling).
@sashimaal wrote:Admin,
Can we have a separate section in the Forum where newcomers can refer to these fundamental and important Topics and information.  So many such threads exist now but in different places...

_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
avatar
Good BOy
Posts : 7
Join date : 2016-05-06

MACD chart Empty Re: MACD chart

Thu May 19, 2016 3:37 pm
Message reputation : 100% (1 vote)
Dear All

Thank you for the link shared and I didnt have any knowledge of the technical and got very small idea. But I am very interesting to learn about this and could you please explain from where we can generate these charts ( Specially MACD )Can we do with our trading software.

Note: I am using CAL trading software.
Thank You.
slstock
slstock
Veteran
Veteran
Posts : 6172
Join date : 2014-06-12

MACD chart Empty Re: MACD chart

Thu May 19, 2016 4:13 pm
Message reputation : 100% (2 votes)
Yes you can easily generate it using a Trading software.

Not sure where it is in yours. But general step is
a) first open the ASI chart ( in your software)
b) next there should be option to add
an "Indicator" or "Average". Under that there should be MACD

There are also online site to check this. But try above first.



@Good BOy wrote:Dear All

Thank you for the link shared and I didnt have any knowledge of the technical and got very small idea. But I am very interesting to learn about this and could you please explain from where we can generate these charts ( Specially MACD )Can we do with our trading software.

Note: I am using CAL trading software.
Thank You.

_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : https://forum.lankaninvestor.com/t1548-important-warning-and-message
---------
avatar
Good BOy
Posts : 7
Join date : 2016-05-06

MACD chart Empty Re: MACD chart

Thu May 19, 2016 5:31 pm
Dear Slstock

Thank you for quick response on this regards. Actually i started in CSE Mid of July in 2015 and tried to get study about these charts. I log to another fourm and open two three post regarding how to get these things and how to study.
But No one response and last month joined to this forum and after few minutes you replied and thank you very much.

As you have explained i tried to generate but failed and I called to the system supporter in my broker firm and they replied there seems to be an technical error and will fix on tomorrow.

Ho hopefully i will be able to generate from tomorrow and further if any member using CAL software would like to here his/ her voice ( Regarding chart generate). Since i have only a very limited knowledge about the technical charts.

Thank You.
Yin-Yang
Yin-Yang
Posts : 1319
Join date : 2016-03-12

MACD chart Empty Re: MACD chart

Thu May 19, 2016 5:33 pm
Message reputation : 100% (2 votes)
I saw some question are raised about the 'basics' of MACD. Thought of putting this down which might be useful for some 'starters' catch the correct idea sooner than we did.

MACD is an 'indicator' any basic chart software would provide. If your software does not have MACD, you can comfortably decide it is not meant for any technical analysis.

But, as I consider, the most important part is to have a 'proper' view towards MACD or any other 'indicator'.

At early stages, most of the novices would think the 'indicator' is showing where the market is moving.

Truth couldn't be further from that.

You should develop the idea that all 'indicators' are just showing from where the market has moved so far.

That's it!

To give an example. A good stethoscope would not make a good doctor but only what is in between earpieces would.
Leon
Leon
Top contributor
Top contributor
Posts : 1264
Join date : 2014-03-11

MACD chart Empty Re: MACD chart

Fri May 20, 2016 7:19 am
Message reputation : 100% (1 vote)
@Good BOy wrote:Dear Slstock

Thank you for quick response on this regards. Actually i started in CSE Mid of July in 2015 and tried to get study about these charts. I log to another fourm and open two three post regarding how to get these things and how to study.
But No one response and last month joined to this forum and after few minutes you replied and thank you very much.

As you have explained i tried to generate but failed and I called to the system supporter in my broker firm and they replied there seems to be an technical error and will fix on tomorrow.

Ho hopefully i will be able to generate from tomorrow and further if any member using CAL software would like to here his/ her voice ( Regarding chart generate). Since i have only a very limited knowledge about the technical charts.

Thank You.

I think you can't find MACD in CAL's software where they use a separate trading software.
They show very basic charts I believe.
avatar
Admin
Admin
Posts : 563
Join date : 2014-02-22
http://investorsentiment.forumotion.net

MACD chart Empty Re: MACD chart

Fri May 20, 2016 7:28 am
Message reputation : 100% (1 vote)
@කිත්සිරි ද සිල්වා wrote:I echo the same sentiment  Very Happy
(Though I employ a different ploy for buying / selling).
@sashimaal wrote:Admin,
Can we have a separate section in the Forum where newcomers can refer to these fundamental and important Topics and information.  So many such threads exist now but in different places...

Sorry I think I have missed this. It would be helpful if someone can send me the list of such threads.
Back to top
Permissions in this forum:
You cannot reply to topics in this forum