The MACDicator Trading System

Macdicator Trading

 

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B. TCNet MAC - 9 Worden Buy/Sell Indicators - Chart Template as of 11/01/03

In the following TCNet Chart Template (same settings for TC2000 Chart Template), use the following colors and add the indicators in the exact order as listed:

• All the indicator lines are “wide line” settings unless otherwise noted
• A zoom setting of 7 or 8 is suggested for the chart template for easy reading
• The 4MACDs in the Middle Window are all histograms
• The 10 EMA and 20 EMA are made invisible to reduce clutter on the chart
• All indicator settings, especially the 4MACD are a precursor or starting point for the MACDicator Momentum Trading System (MACMO Trading System) settings
• There are 30 indicators on the chart template (maximum number of 30 indicators
are allowed in TCNet and TC2000)

The MAC Chart Template with the current indicator settings is posted periodically on TCNet as a Note on the daily chart of the Nasdaq 100 Tracking Stock, QQQ, the latest one of which can also be accessed from the TCNet Profile for ErikHoyer.

1. Top Window (Moving Averages and Miscellaneous Indicators Window)

Prices – Bar Chart (CandleStick Chart optional)………Green
….Moving Average – 3 bars – Exponential…………….Yellow
……..Moving Average – 4 bars – Simple………………Yellow (Dotted Line)
….Moving Average – 5 bars – Simple………………….Cyan (Dashed Line)
….Moving Average – 10 bars – Exponential *…………Green
….Moving Average – 15 bars – Exponential…………...Magenta
….Moving Average – 20 bars – Exponential *…………Red
….Moving Average – 50 bars – Simple………………...Silver
….Moving Average – 200 bars – Simple……………….Blue
….Bollinger Bands – 5 bar, 15 Std. Dev………………..Blue
….Linear Regression – 5 bar period……………………Red (Dashed Line)
On Balance Volume……………………………………....Green
Balance Of Power (invisible) (colors on price bars)……Green/Yellow/Red
Wilder’s RSI: Period: 5; Average: 3 – Exponential……..White
….Moving Average – 3 bars – Simple…………………..White (Dotted Line)

* Invisible: Switch the 10 EMA and 20 EMA Indicators to Visible to read.

3 Buy/Sell Indicators: 3 EMA, BBs 5, 15, and RSI 5.3

2. Middle Window (Trending Indicators Window)

MACD – Short: 17 Long: 14 Period: 5 – Exponential…..Blue
MACD – Short: 14 Long: 8 Period: 5 – Exponential……Red
MACD – Short: 10 Long: 16 Period: 5 – Exponential…..Yellow
MACD – Short: 5 Long: 8 Period: 5 – Exponential……..Green
Time Segmented Volume – 16 bars – Exponential…….Cyan
….Moving Average – 4 bars – Simple…………………..Cyan (Dotted Line)
Wilder’s RSI: Period: 21; Average: 5 – Exponential........Magenta
….Moving Average – 4 bars – Simple…………………..Magenta (Dotted Line)

3 Buy/Sell Indicators: 4MACDs, TSV 16, and RSI 21.5

3. Bottom Window (Oscillator Indicators Window)

Volume Bars……………………………………………....Dark Green/Dark Red
Price Rate of Change – 5 bar period……………………White
….Moving Average – 4 bars – Simple…………………..White (Dotted Line)
Stochastics – Period: 5 SK: 3 SD: 3 – Exponential……Cyan (SK)/Red (SD)
MoneyStream……………………………………………...Green
….Moving Average – 3 bars – Simple…………………..Green (Dotted Line)
….Moving Average – 20 bars – Simple…………………Green (Dashed Line)

3 Buy/Sell Indicators: PROC 5, STOC 5/3/3, and MS