Updated 12/26/2019
♦ Simple Charts ♦
The MACD is for TREND, the Stochastic tells you WHEN
I've been using minor variations of these two indicators on my charts for over 40 years:
A "standard" MACD (histogram + EMAs) with a Stochastic (displaying only the SlowD)
(2 separate studies or a single combined study)
For details of how I use price action and indicators see pages 2 thru 6.
(Listed in the Table of Contents on the right of every page)
An explanation of one of my chart templates:
♦ Simple Reversal Signals ♦
Read your charts - - they can tell you volumes
This link will open a page of
♦ Simple...Simple...& More Simple ♦
Price Action Patterns, Indicator Signals and Order Types
Price-Action Patterns , Indicator Signals and multiple Time Frames
are combined to make all of my Trade Entry decisions.
A not so simple explanation of how I use
the tools provided by my broker to design my charts
This link will direct you to the next chapter
