In this video, Trader Alex introduces a stock expert with 30 years of experience who has achieved a 100% win rate in just 6 months using the MACD indicator. The video focuses on sharing six techniques for utilizing the MACD indicator effectively to become a stock expert.
The first topic covered is the MACD buy and sell strategies. The video explains how to analyze the MACD lines in relation to the zero axis, identifying gold crosses as strong buy points and opportunities for entering into strong rising trends. It also mentions the importance of recognizing the correction period during a dead cross below the zero axis.
The second topic discusses improved parameter settings for the MACD indicator. Trader Alex suggests using the values 5, 34, and 5 as they are closer to Fibonacci numbers and offer higher accuracy in identifying entry and exit points.
Next, the video introduces the RSI indicator as an additional tool to complement the MACD. It explains that when the RSI is above 75, it indicates an overbought zone and can be a selling point when combined with a dead cross. The video highlights specific examples where the RSI and MACD signals align to provide selling opportunities.
Throughout the video, Trader Alex emphasizes the need for traders to understand the risks involved in the stock market and to trade at their own discretion. The description encourages viewers to subscribe to Trader Alex's channel for future content and offers assistance in understanding the RSI indicator by reaching via link below
www.wapp.my/60182330168/TL
By incorporating the MACD indicator's strategies and optimizing parameter settings, along with incorporating the RSI indicator, viewers can enhance their trading skills and potentially achieve profitable results in the stock market.