Indicators for Avoiding False Breakouts 🔪😭

Ойын-сауық

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Overview
The MACD ("Moving Average Convergence/Divergence") is a trend following momentum indicator that shows the relationship between two moving averages of prices. The MACD was developed by Gerald Appel, publisher of Systems and Forecasts.
The MACD is the difference between a 26-day and 12-day exponential moving average. A 9-day exponential moving average, called the "signal" (or "trigger") line is plotted on top of the MACD to show buy/sell opportunities. (Appel specifies exponential moving averages as percentages. Thus, he refers to these three moving averages as 7.5%, 15%, and 20% respectively.)
Interpretation
The MACD proves most effective in wide-swinging trading markets. There are three popular ways to use the MACD: crossovers, overbought/oversold conditions, and divergences.
Crossover:
The basic MACD trading rule is to sell when the MACD falls below its signal line. Similarly, a buy signal occurs when the MACD rises above its signal line. It is also popular to buy/sell when the MACD goes above/below zero.
Overbought/Oversold Conditions:
The MACD is also useful as an overbought/oversold indicator. When the shorter moving average pulls away dramatically from the longer moving average (i.e., the MACD rises), it is likely that the security price is overextending and will soon return to more realistic levels. MACD overbought and oversold conditions exist vary from security to security.
Divergences:
A indication that an end to the current trend may be near occurs when the MACD diverges from the security. A bearish divergence occurs when the MACD is making new lows while prices fail to reach new lows. A bullish divergence occurs when the MACD is making new highs while prices fail to reach new highs. Both of these divergences are most significant when they occur at relatively overbought/oversold levels.
Calculation
The MACD is calculated by subtracting the value of a 26-day exponential moving average from a 12-day exponential moving average. A 9-day dotted exponential moving average of the MACD (the "signal" line) is then plotted on top of the MACD.
Information was from the eSignal description of MACD, and was derived, Technical Analysis from A to Z by S.B.Achelis
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Before we continue...👀
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Chapters:
00:00 Introduction
01:38 Focus on trading when there is the most reward potential
02:15 Adding MACD and focusing on Front Side
03:50 A fraction of nothing is...
04:39 Avoid Trades when MACD is BELOW Signal Line
05:00 Standard MACD Settings
06:16 Defining MACD
08:59 Focusing on trading the big momentum zones
10:21 Avoid Trades Below VWAP
13:11 Avoid Stocks with History of False Breakouts
16:21 Don't overtrade past the clean move
21:59 Examples of Avoiding False Breakouts
25:13 Trade the best, leave the rest!
26:06 Focus on 15-20 cents per share per day
#daytrading #warriortrading #rosscameron #stocks #learntotrade
Warrior Trading // Ross Cameron // Day Trade Warrior

Пікірлер: 334

  • @DaytradeWarrior
    @DaytradeWarrior Жыл бұрын

    Download the Micro Pullback Strategy PDF and other great free resources here warrior.app/technical-analysis-series-gifts thanks for tuning in!!

  • @DJVijilante

    @DJVijilante

    Жыл бұрын

    Ross you know how to replicate the MACD you are using in this video on Think or Swim?

  • @ryand7g

    @ryand7g

    Жыл бұрын

    @@DJVijilante Good question. I spent quite a while in TOS and was unable get the MACD to look like Ross's.

  • @julesbar3545

    @julesbar3545

    Жыл бұрын

    Thank you Bro

  • @jayrod9979

    @jayrod9979

    Жыл бұрын

    l am glad you explained how you use MACD oscillator ndicator and think I picked up some valuable information. We will see how it goes next week

  • @embodhii2113
    @embodhii2113 Жыл бұрын

    This was SO helpful! Massive mindset shift happened for me watching this. Thank you!! x

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @stevenschwend8395
    @stevenschwend8395 Жыл бұрын

    Thanks Ross! I’m following and viewing your videos multiple times daily. As a retired Navy Officer I commend you on your professionalism and your strong communication skills. I’m a swing and long trader, but also I’m now interested in “day” after listening and following you. Thanks again for sharing all of your knowledge!!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Steven!

  • @jeffreydhill
    @jeffreydhill Жыл бұрын

    Thanks Ross! I've been running into this issue recently and you helped shed light on how to approach it. Definitely will pay closer attention to my MACD.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Jeffrey!

  • @atlaspath5803
    @atlaspath5803 Жыл бұрын

    Hey Ross with this tool and the others you have explained in the past I already avoided a false breakout and a confirmed a failed flag as it developed. One of the best videos from you.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thank you!

  • @WorldCollections
    @WorldCollections Жыл бұрын

    I think your videos have become incredibly better, Ross! This content is superb!!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Love to hear that, thanks!

  • @robertolopez423
    @robertolopez423 Жыл бұрын

    Thank you Ross. Very informational. Best teacher.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Roberto!

  • @RohnisGames
    @RohnisGames Жыл бұрын

    Ross I will say it as many times as possible, You are the best teacher out here in KZread! 💯

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Appreciate that!

  • @chrisbellomo2763
    @chrisbellomo2763Ай бұрын

    Another great video from the best teacher and day trader online. Thank you Ross.

  • @duediligence791
    @duediligence791 Жыл бұрын

    Ross I wanted to say what you’re doing is great but more so that your personal communication skills are extraordinary. I know we often don’t hear thanks enough and as a ft trader myself I’m not a instructor of how to’s. In fact I am terrible at it and overly technical. I refer people to you and your series of videos because I know they will learn and enjoy watching your clarity and enthusiasm. It is magnetic. For anyone new to trading that is reading Ross really explains properly what you need to do as a new trader.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Appreciate the Due, glad that you think so!

  • @davew7628
    @davew7628 Жыл бұрын

    Thanks Ross, great content as usual!!! Thanks for taking the time to provide more valuable information!!!!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    My pleasure!

  • @mycommentpwnz
    @mycommentpwnz Жыл бұрын

    I've been day trading for a few years now, and FOR ME, personally, there is one golden-rule above all else: Don't get greedy & go against the trend. SO many times I'll see (what I think are) SURE FIRE SIGNS that a trend shift is about to transpire! But, I end-up being incorrect, oh, about 90% of the time (if not more.)

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    👍🤓

  • @AgentSmeth
    @AgentSmeth Жыл бұрын

    Thank you Ross. I really needed to hear this.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @ericfoglietta7988
    @ericfoglietta7988 Жыл бұрын

    Ross, Thank you for everything you do to help people struggling. Your a great teacher.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome and thank you Eric!

  • @michaelhart946
    @michaelhart946 Жыл бұрын

    Very good info about how to use the MACD. This is something I've wondered about. I'll be adding it to my charts for sure. Thank you

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Michael!

  • @aaronlawry6889
    @aaronlawry6889 Жыл бұрын

    Thank you for this Ross!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Aaron!

  • @vegansynths7757
    @vegansynths77574 ай бұрын

    This video really produced my first BIG AHA! MOMENT in learning about trading and how to read a chart properly. INCREDIBLY helpful. As always. Such a priceless gift we get on the daily from this man!

  • @brianwoznitzki
    @brianwoznitzki Жыл бұрын

    Hi, Ross. This video is very useful. As a beginner trader, i also get caught by false breakouts and always wanted to know how to at least try to avoid them. I really appreciate your work input for your KZread viewers. And i also find your website really useful. Thank you so much! By the way, i started small account challenge on my demo account with 500$ on Friday, because i got inspired by your small account challenge videos. After 3 days, I’m at 662$ point 👌🏻 Your advices for small accounts are really useful! 👍🏻

  • @LAMBO_AKUMA

    @LAMBO_AKUMA

    Жыл бұрын

    What platform are you trading on if you dont mind me asking. Im looking for one atm. Used webull for paper trading. Ready to start a small account but i heard cash cant day trade

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @zahid9929
    @zahid99293 ай бұрын

    Ross, I just saw this video today. If I had seen it a year ago, I could have avoided losses, saved a lot of time, and not missed opportunities. Thanks.

  • @saullopez3544
    @saullopez3544 Жыл бұрын

    Thanks for your videos. Is easy to learn from you

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @ocktubevlogs9892
    @ocktubevlogs9892 Жыл бұрын

    Thank you my great teacher

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @christophermatt8314
    @christophermatt8314 Жыл бұрын

    Fantasticlly valuable video. Ross, you are a great teacher.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thank you!

  • @darthnightingale6086
    @darthnightingale6086 Жыл бұрын

    Very good video. Lots of info not found on other MACD videos I've seen.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thank you!

  • @percussionoctopus
    @percussionoctopus Жыл бұрын

    Dear Ross great as always. Thank you so much.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @RH-sp6jz
    @RH-sp6jz Жыл бұрын

    If I had seen your video 30 minutes earlier I would not take a position at APDN (thanks to stop loss, I only lost 1% of my small account). Please keep sharing videos like this, it really helps people !

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    👍🤓

  • @vishnunagaraj5198
    @vishnunagaraj5198 Жыл бұрын

    That 20cents advice was great! Thank you !!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @pfam12134
    @pfam12134 Жыл бұрын

    Thank you, that was a very helpful lesson. 👍👍

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @surio6917
    @surio6917 Жыл бұрын

    Thank you, Ross!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Surio!

  • @orionsdad1
    @orionsdad1 Жыл бұрын

    great video. You mentioned a lot of what I needed to hear. I will watch more of your videos. Very good advice. Thanks.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @Zofia1030
    @Zofia1030 Жыл бұрын

    Ross, I can't thank you enough. You have helped me become a good trader and I'm getting better every day. I loved your warrior trader program. A MUST if you want to learn how to day trade. I hear you in my head daily and this helps me from losing money. This video is great too!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Zofia!

  • @brianbutler7060
    @brianbutler7060 Жыл бұрын

    Thanks. Much needed info for me.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @christianmaitner1403
    @christianmaitner1403 Жыл бұрын

    Great video Ross! Thank you

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thanks for the comment!

  • @tatianadeamicis980
    @tatianadeamicis980 Жыл бұрын

    Thank you Ross, Amazing!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Glad you liked it!

  • @jkdmmabox
    @jkdmmabox Жыл бұрын

    Excellent! Thank You!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @ryanbruce7905
    @ryanbruce79059 ай бұрын

    Excellent video Ross! Thanks again.

  • @DaytradeWarrior

    @DaytradeWarrior

    9 ай бұрын

    Thanks Ryan!

  • @alvinbenolirao
    @alvinbenolirao Жыл бұрын

    Thank you for this video sir Ross. This is super duper helpful

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Glad to hear that!

  • @user-hr7cc2bm4x
    @user-hr7cc2bm4x Жыл бұрын

    Great lesson Ross! Thanks as always!👍🏼

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @sue1456
    @sue1456 Жыл бұрын

    I just watched this video for the third time. I've learned so much from your youtube channel and now subscribed to DTD. Thank you for putting this content out - I'm in the "sideways" phase of learning trading, but I'm sure I'll be hitting a decent daily goal soon, even in these horrible market conditions. I will sign up for the Warrior Pro course when I can.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Love to hear it! Look forward to you joining. 🙂

  • @kicknit2181
    @kicknit2181 Жыл бұрын

    Thanks for the insight

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @wesleymason9326
    @wesleymason9326 Жыл бұрын

    Thanks just lost some cash due to choppy action and then a drop. I’m usually saying why why where are you going but now I know why. I’ll try the MACD approach. Thank you so much.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Wesley!

  • @fabioferreira8391
    @fabioferreira83915 ай бұрын

    Yes, this is very helpful. very good thanks

  • @fernandohidalgo6357
    @fernandohidalgo6357 Жыл бұрын

    Thank you Ross. Thank you for taking your time to explain and answering the whys and when’s of the would be questions we as newbies my ask. I would like to see how do you select stocks to trade everyday. And which stocks to keep an eye on and for how long do you keep an eye on it ! Please help. Can you sell a lesson dedicated to stock selection ?

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Fernando and yes we can!

  • @orchidmozart1
    @orchidmozart1 Жыл бұрын

    This is the second time I watched this video. Your videos are worth watching multiple times.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Appreciate that, glad they're helpful!

  • @justin9605
    @justin9605 Жыл бұрын

    Nice job Ross, thank you.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Justin!

  • @pthomas2906
    @pthomas2906 Жыл бұрын

    Thanks Ross your insight is super helpful , superb content

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Glad it was helpful!

  • @glamtravelgirl6042
    @glamtravelgirl6042 Жыл бұрын

    Thank you! So glad Ive found you! Having watched gazillions of trading videos on KZread I vote this one of the TOP.. not confusing... easy to follow.. people can tell you care!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Awesome, thank you!

  • @CNSboys62
    @CNSboys62 Жыл бұрын

    Thanks for the heads up.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Brad!

  • @onthemoney7237
    @onthemoney7237 Жыл бұрын

    Thanks for sharing great refresher . I liked # 2 on false break out history very good point 👍 I alway say if it looks like a porcupine don’t grab it lol👍👍👍. 🥂

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thanks for watching!

  • @DavidHarperMusic
    @DavidHarperMusic Жыл бұрын

    Great stuff Ross! Thx

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @Rndhld
    @Rndhld Жыл бұрын

    This is a perfect assessment of what AMTD was on this day, i traded it premarket, kept watch of it but it did not showed me what i needed to see. I find it's also very obvious on the L2/T&S but that one is kinda hard to explain i find hehe, good video!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thank you!

  • @jonathanlee5185
    @jonathanlee5185 Жыл бұрын

    👍Thanks, that's a perennially useful tip about looking for a history of false breakouts. 👍

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Jonathan!

  • @blackinkx5638
    @blackinkx5638 Жыл бұрын

    Thank u 4 showing the macd never looked at it but its really a good indicator.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @cogar313
    @cogar313 Жыл бұрын

    You're awesome...love the 20 cents theory

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Happy to help 🙂

  • @BG-ub5og
    @BG-ub5og Жыл бұрын

    good stuff Ross!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thanks!

  • @JulianAshley
    @JulianAshley3 ай бұрын

    im 18 yrs old and i just started getting into trading your videos have definitely left me with a lot more information than i had prior and i hope i can continue to grow and learn with your help im glad to have found you

  • @stonedog1000
    @stonedog1000 Жыл бұрын

    Thanks so much. I have been chasing false breakouts of late, forgetting all of my discipline. Been trying too hard to find good trades in this volatile market

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Glad it was helpful!

  • @justmeg6541
    @justmeg6541 Жыл бұрын

    I truly enjoy your videos. I am going to try the 0.02cents per day approach. Thanks

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @shadstla
    @shadstla Жыл бұрын

    This is awesome I’m learning valuable information I’m really newbie want to learn!!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Glad it was helpful!

  • @Hismajesty26
    @Hismajesty26 Жыл бұрын

    Thank you! 🤗

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Julia!

  • @rickensounds4997
    @rickensounds4997 Жыл бұрын

    Great video very helpful

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thank you!

  • @garyjagodzinski9987
    @garyjagodzinski9987 Жыл бұрын

    Great info Cameron

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Glad it was helpful!

  • @patrickmccartney8805
    @patrickmccartney8805 Жыл бұрын

    Thanks Ross!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You bet!

  • @Jeffrey-817
    @Jeffrey-817 Жыл бұрын

    Well, I’m learning something. I traded the false break you illustrated :-). I was irritated and inpatient, ran a scan, found the stock and jumped in right behind the HOD peak after it had run-up and retraced four times. I got out fast enough to lose $40 vs $400 but kicked myself once I figured out what happened. The words you used today were exactly the same as mine as I reviewed my trade. This is good news. Not great but at least you are rubbing off on me through these videos.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    That's great to hear!

  • @luciamoraes607
    @luciamoraes607 Жыл бұрын

    Thank you!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Lucia!

  • @tockniper5166
    @tockniper5166 Жыл бұрын

    Great video, thank you! What moving averages do you recommend setting the fast and slow length variables to on the Macd? Thanks again ☀️

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Ross uses the default MACD settings: 12 fast, 26 slow length, 9 smoothing (12,26,9). This is using the Simple Moving average. When displaying the indicator, Ross likes to display only the histogram. Every platform might be slightly different in how this is added or edited. Please contact your platform provider if you have issues with this.

  • @curtisw2272
    @curtisw22724 ай бұрын

    NO CAP YOU ARE THE BEST STOCK TEACHER

  • @dannymaluina4371
    @dannymaluina4371 Жыл бұрын

    Very useful I got caught I. Sum flushes now I know what to look out for thanx coach

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    👍🤓

  • @MJ-bx5ll
    @MJ-bx5ll Жыл бұрын

    😀awesome Ross, Thanks so much very usefull

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome MJ!

  • @trappevasken
    @trappevasken Жыл бұрын

    SUPER - thanks!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @ShadowedOne413
    @ShadowedOne413 Жыл бұрын

    Good video, Ross

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thank you!

  • @astigcoach
    @astigcoach Жыл бұрын

    Great Indicator

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    👍🤓

  • @ScottyO79
    @ScottyO79 Жыл бұрын

    I’ve got good news and I’ve got great news. The good news is that I took some great profits on ALT this morning. The great news is I used your method that you demonstrate here and it helped me avoid that next loosing trade. Thank you so much for sharing. Subscribed!

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thanks for sharing! So great to hear that!

  • @whatsap3215

    @whatsap3215

    Жыл бұрын

    Hit me up 👆

  • @matthale5388
    @matthale5388 Жыл бұрын

    as always thanks ross

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Matt!

  • @buildlifebetter
    @buildlifebetter Жыл бұрын

    I found a false break on the backside my very next trade day. Big candle to a doji to a flush. But I knew better, thanks to you.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @syedali8955
    @syedali8955 Жыл бұрын

    You are a phenomenal teacher. I'm a beginner and what I have learned in theory through your videos in such a short time is unparalleled.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thank you Syed!

  • @Mark-rn8jm
    @Mark-rn8jm Жыл бұрын

    great tutorial, about Day trade DASH, can you offer the livestream as a standalone service on a monthly basis? (don't need the scanners and chatroom)

  • @zacshelton1448

    @zacshelton1448

    Жыл бұрын

    Spam^^^^^

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thanks Mark!

  • @ameednahhas3921
    @ameednahhas3921 Жыл бұрын

    Amazing video. True professional. Ross I tried setting up the MACD to look like yours but no success. You only have the histogram and Signal line on? We’d appreciate it if you can share how to get set up like that

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Ross uses the default MACD settings: 12 fast, 26 slow length, 9 smoothing (12,26,9). This is using the Simple Moving average. When displaying the indicator, Ross likes to display the fast and slow lines as a histogram. Every platform might be slightly different in how this is added or edited. Please contact your platform provider if you have issues with this.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Ross uses the default MACD settings: 12 fast, 26 slow length, 9 smoothing (12,26,9). This is using the Simple Moving average. When displaying the indicator, Ross likes to display the fast and slow lines as a histogram. Every platform might be slightly different in how this is added or edited. Please contact your platform provider if you have issues with this.

  • @davidbond9783
    @davidbond9783 Жыл бұрын

    great video

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thank you David!

  • @mikerock6779
    @mikerock6779 Жыл бұрын

    Hey Ross - this was a great educational video. I am on your intro $20.00 2 wk course and loving it and quite sure I will be taking the Warrior Pro Course. I am a new trader and been checking out many You-Tube Videos from many different traders and educators and yours are the best by a long shot. I really loved your video on education - that one should be pushed way out there and made to go viral. Best, Mike Rock - new trader

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thanks a lot Mike!

  • @whatsap3215

    @whatsap3215

    Жыл бұрын

    Hit me up 👆

  • @matthewmathis62
    @matthewmathis623 ай бұрын

    I just wanted to say that I thought the thumbnail for this video was perfect, and really funny! haha. :)

  • @hamzehghazawi9253
    @hamzehghazawi92535 ай бұрын

    thank you

  • @chairman6652
    @chairman6652 Жыл бұрын

    Thanks Ross Total Pro 🔥

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!!

  • @aymanbouzi2791
    @aymanbouzi2791 Жыл бұрын

    nice lesson thanks

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!!

  • @SagarSingh-bp9np
    @SagarSingh-bp9np Жыл бұрын

    Thanks ross

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome!

  • @yardblah5161
    @yardblah5161 Жыл бұрын

    Ross I am new to the game but I have learnt so much..I have been successful in a simulator for a while. May go live in '24

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Awesome to hear Yar! Keep at it.

  • @dw3548
    @dw3548 Жыл бұрын

    Thanks for all your videos Ross. You have helped me to improve my trading enormously this year, despite the bear market.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    We're glad you enjoy them!

  • @sundaetotten6612
    @sundaetotten661210 ай бұрын

    Ross, you are my go to whenever I find myself making losing trades! Thank You for your knowledge. It has helped me so much!

  • @DaytradeWarrior

    @DaytradeWarrior

    10 ай бұрын

    Happy to help!

  • @dannymaluina4371
    @dannymaluina4371 Жыл бұрын

    Thanx coach ross

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    You're welcome Danny!

  • @DYLTHEVYL
    @DYLTHEVYL Жыл бұрын

    Ross is the GOAT💪🏾

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    👍🤓

  • @ShubhamSharma-zg3su
    @ShubhamSharma-zg3su Жыл бұрын

    Just amazing 👏 😍 🙌 ❤️

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thank you!

  • @LawValentine
    @LawValentine Жыл бұрын

    Great video Ross, I was wondering what the chart was. Have you thought about shorting a stock on the reverse of your buy indicators, or is that just too risky?

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thank you! Ross prefers to rely on moving averages, volume, and simple, clean price action. He does not like to rely on Bollinger bands, stochastics, or Fibonacci levels because he does not find them meaningful for his style of momentum trading. However, these indicators work well in other trading styles, some of which are taught in the Warrior Pro course!

  • @XGiveMeLibertyX
    @XGiveMeLibertyX Жыл бұрын

    Great info thanks for sharing. Do you ever trade futures? Or just stick with stocks?

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Happy to help! Ross does not trade future, he only trades equities.

  • @ericnoren3758
    @ericnoren3758 Жыл бұрын

    Hi Ross! Thanks for the amazing content! What setting do you prefer for displaying MACD in the ThinkorSwim app?

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Happy to share! Ross uses the standard MACD settings!

  • @ericg4915
    @ericg4915 Жыл бұрын

    I never really use bottom charts. Sometimes rsi is good for knowing when a move is over. Anything over 85 or 90 is cooked. Also seeing what value on the rsi the stock tops at, I use 5 min chart. Nothing for my 1 min chart maybe I'll try macd

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thanks for the thoughts!

  • @RikimaruNobunaga
    @RikimaruNobunaga Жыл бұрын

    You must be reading the tape at the same time as reading indicators ross, I think it would be great if you could interlink this and explain what your seeing and/or looking for on the tape during these moves? Cheers

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    If you haven't had a chance to attend yet, one of the best ways to learn more on this would be to join us in the next Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/

  • @scottaustin7237
    @scottaustin7237 Жыл бұрын

    Does anyone know exactly how he created that histogram from the MACD? Number settings weighted vs exponential etc. I can't figure out how to get that overlap. Thank you.

  • @Steven-ji7sc

    @Steven-ji7sc

    Жыл бұрын

    Depends on your broker, look at @5:13 and you will his setup to do this.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Thanks Steven!

  • @spaz3216
    @spaz3216 Жыл бұрын

    Hi @Warrior trading where the algorithm spike trading lecture I can not find it by that name. What is the right title for the video

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    That is available to our Warrior Pro members. If you haven't had a chance to attend yet, one of the best ways to learn more would be to join us in the next Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/

  • @tarbiyatfazaei1525
    @tarbiyatfazaei1525 Жыл бұрын

    Hi Ross: Thank you for your time and for putting a lot of energy into teaching us. I wish I find you when I started last summer. Now, with your explanation, do you think I have to sell my MEGL of 1554 shares at $12? Is that possible, to take your time and talk with you? please let me know. Kind wishes

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    Hey Tarbiyat, If you haven't had a chance to attend yet, one of the best ways to learn how to get started with trading would be to join us in the next Warrior Trading webinar. The webinar is free to join, and you will receive a copy of Ross' best selling ebook "How To Day Trade" just for sticking around until the Q&A! You can learn more and register here, if you're interested: www.warriortrading.com/free-day-trading-class/

  • @healingnature958
    @healingnature958 Жыл бұрын

    Live action and what happened already in the chart u pointing out are different. Right of the false break out area u pointed out, the upper mAcd line going upward, after prices falling down a period of time they will drag the upper line downward. Sometimes price go up like the second mountain on your chart, sometimes price drag down u never know, if I know u get so rich. U need more indicator to confirm it is a false break out, with MACD only u can’t predict the break out or get out of the false break out earlier.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    🤓👍

  • @alleyway3215
    @alleyway3215 Жыл бұрын

    Interesting to know you incorporate the MACD during more questionable periods of the market. Quite honestly, the MACD is something I've usually had on my charts. If there was ever a time I trialed a new strategy without it, the MACD has eventually found its way back into the equation.

  • @DaytradeWarrior

    @DaytradeWarrior

    Жыл бұрын

    👍🤓

  • @whatsap3215

    @whatsap3215

    Жыл бұрын

    Hit me up 👆

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