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Economy => Speculation => Topic started by: ask on October 21, 2014, 07:20:56 AM



Title: 20th 3dMACD bar started GREEN!
Post by: ask on October 21, 2014, 07:20:56 AM
History of GREEN 3d MACD (@Bitstamp):

Date when it was                   Date when price
green first time                      reached top

29.10.2011 ($3.2)          -->   12.01.2012 ($7.38)  
17.04.2012 ($4.95)        -->   15.08.2012 ($16.41)
25.11.2012 ($12.07)      -->   10.12.2012 ($13.46)
09.01.2013 ($14.00)      -->   09.04.2013   ($260)
29.07.2013 ($90.54)      -->   31.08.2013 ($130.15)
12.10.2013 ($135.42)    -->   29.11.2013 ($1132)
07.05.2014 ($452.37)    -->   31.05.2014 ($661.48)
19.10.2014 ($376.20)    -->   ?




Title: Re: 3dMACD is GREEN!
Post by: Cryptoalerts.net on October 21, 2014, 08:06:15 AM
@ask

Most recent instance of such indication was on the 7th of May 2014. After 4 candles and 12days of sideways movement, finally price broke up and produced a remarkable rally.

Now price is stuck under the 200MA strong resistance. A lot of buying power is needed to overcome this stage and smaller time intervals show triple resistances (especially in the 1HR time interval).

http://i.imgur.com/ZfADj4E.jpg


Moreover, as shown below, market conditions were completely different back then. Stochastic produced a bullish signal 3 days prior to MACD and SAR was supportive throughout the price consolidation phase.

Today price remains at overbought territory with the Stochastic indicating a possibility of producing another sell signal and SAR still indicating downward pressure.

http://i.imgur.com/flF67f1.jpg

Only a strong break above $387 will increase the odds of revisiting near $400 (1HR interval). If such price action happens we will re-evaluate.

The probability for this scenario to play out at this moment stands around 30%-35%.




The Cryptoalerts.net Team






Title: Re: 3dMACD is GREEN!
Post by: Elwar on October 21, 2014, 11:40:37 AM
Every indicator I see right now says buy buy buy.

In the short term at least.


Title: Re: 3dMACD is GREEN!
Post by: Cryptoalerts.net on October 21, 2014, 12:37:08 PM
Every indicator I see right now says buy buy buy.

In the short term at least.

Two questions:
1. On what time interval?
2. What are your entry and exit points (where to buy / where to sell) ?

Early in the morning, our system has issued an alert:

Bitstamp 1HR

Long: On a strong break above $387 - 1HR 200MA | Actually $388 now since the average has moved up $1 | Max Target $405 | Probability of reaching max price: 30%

The setup has not been yet triggered


Title: Re: 3dMACD is GREEN!
Post by: Elwar on October 21, 2014, 01:09:17 PM
I haven't seen it like this since we went up to $600. The spring is coiled to the max. We will definitely be over $400 by this weekend. I was going to start a thread predicting that but want to get home and drop about $10k more before the price starts going up.

I don't really have a sell point :P  I only pause my buying while I wait to see when to jump in.


Title: Re: 3dMACD is GREEN!
Post by: ask on October 21, 2014, 01:30:22 PM
I haven't seen it like this since we went up to $600. The spring is coiled to the max. We will definitely be over $400 by this weekend. I was going to start a thread predicting that but want to get home and drop about $10k more before the price starts going up.

I don't really have a sell point :P  I only pause my buying while I wait to see when to jump in.

Same feeling :)


Title: Re: 3dMACD is GREEN!
Post by: cypherdoc on October 21, 2014, 01:55:12 PM
Yes


Title: Re: 3dMACD is GREEN!
Post by: cellard on October 21, 2014, 03:05:36 PM
It means absolutely nothing. Buy tho.


Title: Re: 3dMACD is GREEN!
Post by: yayayo on October 21, 2014, 06:24:18 PM
It may go up a little bit, but it's not safe to say it's going up significantly. Using indicators like MACD is not a safe way to predict anything. These indicators produce many false signals. Just because it roughly worked a few times in the past doesn't mean much.

You should buy Bitcoin based on fundamentals. And fundamentals indeed look brighter every day with the bitcoin ecosystem now in solid growth mode.

ya.ya.yo!


Title: Re: 3dMACD is GREEN!
Post by: fewcoins on October 21, 2014, 06:46:48 PM
I haven't seen it like this since we went up to $600. The spring is coiled to the max. We will definitely be over $400 by this weekend. I was going to start a thread predicting that but want to get home and drop about $10k more before the price starts going up.

I don't really have a sell point :P  I only pause my buying while I wait to see when to jump in.

This week will be a true indicator... If we break 400 and stay around there we should be in the green for a long time


Title: Re: 3dMACD is GREEN!
Post by: hyphymikey on October 21, 2014, 07:24:40 PM
It may go up a little bit, but it's not safe to say it's going up significantly. Using indicators like MACD is not a safe way to predict anything. These indicators produce many false signals. Just because it roughly worked a few times in the past doesn't mean much.

You should buy Bitcoin based on fundamentals. And fundamentals indeed look brighter every day with the bitcoin ecosystem now in solid growth mode.

ya.ya.yo!

Roughly gone up a few times?

You mean it has gone up every time, and roughly has produced a few bubbles.


Title: Re: 3dMACD is GREEN!
Post by: brg444 on October 21, 2014, 07:40:22 PM
It may go up a little bit, but it's not safe to say it's going up significantly. Using indicators like MACD is not a safe way to predict anything. These indicators produce many false signals. Just because it roughly worked a few times in the past doesn't mean much.

You should buy Bitcoin based on fundamentals. And fundamentals indeed look brighter every day with the bitcoin ecosystem now in solid growth mode.

ya.ya.yo!

Roughly gone up a few times?

You mean it has gone up every time, and roughly has produced a few bubbles.

Exactly,

As far as I can tell the 3d MACD hasn't produced one false signal so far in the history of Bitcoin.


Title: Re: 3dMACD is GREEN!
Post by: Dilla on October 21, 2014, 08:49:39 PM
Definitely a big bullish signal. Based on the last green October signal, November is going to be big.


Title: Re: 3dMACD is GREEN!
Post by: WeGotCactus on October 21, 2014, 09:03:10 PM
It may go up a little bit, but it's not safe to say it's going up significantly. Using indicators like MACD is not a safe way to predict anything. These indicators produce many false signals. Just because it roughly worked a few times in the past doesn't mean much.

You should buy Bitcoin based on fundamentals. And fundamentals indeed look brighter every day with the bitcoin ecosystem now in solid growth mode.

ya.ya.yo!

Roughly gone up a few times?

You mean it has gone up every time, and roughly has produced a few bubbles.

Exactly,

As far as I can tell the 3d MACD hasn't produced one false signal so far in the history of Bitcoin.
This conversation is pointless. A signal is only as good as the entry/exit strategy that accompanies it. What is yours?


Title: Re: 3dMACD is GREEN!
Post by: Pente on October 21, 2014, 09:14:24 PM
My problem with the 3DMACD signal is that if you switch to 1WMACD, then you still see a lot of negative momentum. It is why I don't trust charts much, the signals seem to change arbitrarily depending on the scale at which you look at them.

That being said, I think it does show a good chance that the big picture may be changing direction soon. We may start seeing some sustainable growth in the value of BTC.


Title: Re: 3dMACD is GREEN!
Post by: WeGotCactus on October 21, 2014, 09:17:40 PM
My problem with the 3DMACD signal is that if you switch to 1WMACD, then you still see a lot of negative momentum. It is why I don't trust charts much, the signals seem to change arbitrarily depending on the scale at which you look at them.

That being said, I think it does show a good chance that the big picture may be changing direction soon. We may start seeing some sustainable growth in the value of BTC.

All indicators like MACD are lagging. The bigger the timeframe, the more they will lag. They are also a self fulfilling prophecy to some retail traders. For the trader who realizes these things, MACD can still be useful to watch.

The big boys are not using MACD, they are reading price/volume action.


Title: Re: 3dMACD is GREEN!
Post by: RyNinDaCleM on October 21, 2014, 09:54:36 PM
My problem with the 3DMACD signal is that if you switch to 1WMACD, then you still see a lot of negative momentum. It is why I don't trust charts much, the signals seem to change arbitrarily depending on the scale at which you look at them.


Think about time frames as gears in a watch or the number wheels in an old odometer.
Ex.
Weekly<->Daily<->4hr<->2hr<->1hr<->30minute...
The time frame to the furthest right needs to complete an entire cycle to click the next one to the left up by one (This is a rough estimate, but I feel it explains it well). Therefore it takes many cycles at lower time frames to complete one cycle at the longer time frames. What you want to do is find the time where they all align. This also tells us that this cross up is likely to have at least one more cycle before ticking that Weekly MACD up to a bullish state.

What I think will happen with the 3D MACD is this... We will get a rise to the mid-400's or so. This will make the 3D MACD rise significantly. Then we will drop (potentially to new lows, BUT, the 3d MACD will not cross back down). The Weekly MACD will have the time from this rise (which should affect the signal by then), it will begin hooking back up and get the cross there. That will signal the end of the bear market.


Title: Re: 3dMACD is GREEN!
Post by: intighet on October 21, 2014, 11:56:05 PM

Exactly,

As far as I can tell the 3d MACD hasn't produced one false signal so far in the history of Bitcoin.

This is patently untrue. There was plenty of flip-flopping during a few flattish periods pre-2013 bubble.


Title: Re: 3dMACD is GREEN!
Post by: bigasic on October 22, 2014, 12:01:35 AM
I hope thats good news, lol... We need something to get this thing going. Also, lets hope that we dont get a fucking dumper if/when it spikes 20 percent or so (usually happens and is a buzz kill as per buzz killington on Family guy)


Title: Re: 3dMACD is GREEN!
Post by: brg444 on October 22, 2014, 12:02:30 AM

Exactly,

As far as I can tell the 3d MACD hasn't produced one false signal so far in the history of Bitcoin.

This is patently untrue. There was plenty of flip-flopping during a few flattish periods pre-2013 bubble.

? Maybe I'm doing this wrong but I don't see it


Title: Re: 3dMACD is GREEN!
Post by: intighet on October 22, 2014, 12:02:45 AM
My problem with the 3DMACD signal is that if you switch to 1WMACD, then you still see a lot of negative momentum. It is why I don't trust charts much, the signals seem to change arbitrarily depending on the scale at which you look at them.

Understanding scale with candlestick charts is definitely tricky. If you will allow it, imagine that the signals are equally true on each scale, and that the price action on each scale is also equally significant, at each respective scale. It is in this way that the price graph most directly shares attributes with fractal patterns. Just as a shoreline is chaotically jagged, but fails to smooth as you zoom out on a map (unlike, for instance, macroscopic smooth edges that are jagged and chaotic on a microscopic scale), price patterns and generalized behavior of price function operate under the same principles on all scales which is actually a very surprising and nontrivial point.


Title: Re: 3dMACD is GREEN!
Post by: DustyRah on October 22, 2014, 03:32:05 AM
It was a buy at $300 when a call was made to get on board the train....bummer to those who missed that ride!


Title: Re: 3dMACD is GREEN!
Post by: ask on October 22, 2014, 10:14:12 AM
Second 3dMACD is green. Let's wait how it will close on Friday evening.


Title: Re: 3dMACD is GREEN!
Post by: yefi on October 22, 2014, 11:41:34 PM
Let us make an offering at the temple of MACD and genuflect before him. The sun will shine, the rain will tend the earth and our crops will grow to the skies. All hail the mighty benefactor of the harvest and spread his prophecies unto the unconverted.

2011-10-29.  ::)


Title: Re: 3dMACD is GREEN!
Post by: brg444 on October 22, 2014, 11:45:31 PM
Let us make an offering at the temple of MACD and genuflect before him. The sun will shine, the rain will tend the earth and our crops will grow to the skies. All hail the mighty benefactor of the harvest and spread his prophecies unto the unconverted.

2011-10-29.  ::)

so you had to go back 3 years, when 3 day trading volume was less than 500 BTC  :-\


Title: Re: 3dMACD is GREEN!
Post by: yefi on October 23, 2014, 02:29:25 AM
Let us make an offering at the temple of MACD and genuflect before him. The sun will shine, the rain will tend the earth and our crops will grow to the skies. All hail the mighty benefactor of the harvest and spread his prophecies unto the unconverted.

2011-10-29.  ::)

so you had to go back 3 years, when 3 day trading volume was less than 500 BTC  :-\

If we had gone back three years and it had agreed would it not have reaffirmed the pattern in your mind? Do not the very people in this thread go far back to reaffirm the pattern?

Three day volume was over 160,000 BTC. We're looking at Gox here btw, not Bitstamp which was just an infant on Hazek's teat then.


Title: Re: 3dMACD is GREEN!
Post by: kwukduck on October 23, 2014, 05:07:32 AM
Well i guess we can forget about that up trend now....  :(


Title: Re: 3dMACD is GREEN!
Post by: ask on October 23, 2014, 06:49:46 AM
Well i guess we can forget about that up trend now....  :(

No. We are still on track. Just hold another couple of days.


Title: Re: 3dMACD is GREEN!
Post by: inca on October 23, 2014, 12:51:51 PM
Well i guess we can forget about that up trend now....  :(

No. We are still on track. Just hold another couple of days.

Still likely a shake out :)


Title: Re: 3dMACD is GREEN!
Post by: ask on October 23, 2014, 01:09:21 PM

https://www.youtube.com/watch?v=TcJ-wNmazHQ
Well i guess we can forget about that up trend now....  :(

No. We are still on track. Just hold another couple of days.

Still likely a shake out :)

The Final Countdown - 3, 2, 1, GOOOOOOOOO

https://www.youtube.com/watch?v=TcJ-wNmazHQ (https://www.youtube.com/watch?v=TcJ-wNmazHQ)



Title: Re: 3dMACD is GREEN!
Post by: NotLambchop on October 23, 2014, 01:23:51 PM
Well i guess we can forget about that up trend now....  :(

No. We are still on track. Just hold another couple of days.

http://s14.postimg.org/mpxtoi5ch/titanic.jpg


Title: Re: 3dMACD is GREEN!
Post by: yayayo on October 23, 2014, 01:56:37 PM
Well i guess we can forget about that up trend now....  :(

No. We are still on track. Just hold another couple of days.

You should admit that we just saw a false signal.

If you had programmed an algorithmic trading system based on the 3d MACD it would have incurred a loss.

If trading on the signals of a single indicator would lead to proftable results, any idiot would do it. Markets don't work like this.

ya.ya.yo!


Title: Re: Third 3dMACD bar is GREEN!
Post by: ask on October 25, 2014, 05:00:22 AM
Third  bar is green.


Title: Re: Third 3dMACD bar is GREEN!
Post by: DonYo on October 25, 2014, 07:31:02 AM
There were 4 red bars before the 1100 take off...  ::)


Title: Re: Third 3dMACD bar is GREEN!
Post by: wobber on October 25, 2014, 02:20:45 PM
I have found it. The Pattern. Everytime the price goes up a little, it goes even more down! Note that there was no true increase, when it went up more, it went down even more. Just a speculative pattern.

http://i.imgur.com/9PKuSyl.png


Title: Re: 3dMACD is GREEN!
Post by: BlindMayorBitcorn on October 25, 2014, 02:29:25 PM
Well i guess we can forget about that up trend now....  :(

No. We are still on track. Just hold another couple of days.

This was officially the worst advice ever LOL

Retrospect yo


Title: Re: Third 3dMACD bar is GREEN!
Post by: Tzupy on October 25, 2014, 02:30:08 PM
@wobber: Most of the large ones are sub-sub-waves of wave C. Some smaller are sub-sub-sub waves, others don't matter due to low volume.


Title: Re: 3dMACD is GREEN!
Post by: BlindMayorBitcorn on October 25, 2014, 02:31:58 PM
Well i guess we can forget about that up trend now....  :(

No. We are still on track. Just hold another couple of days.

http://s14.postimg.org/mpxtoi5ch/titanic.jpg

Swim after the boat that is NOT sinking. Now I get it


Title: Re: Fourth 3dMACD bar will be GREEN! (on 28th October 2014)
Post by: ask on October 27, 2014, 07:32:05 PM
Fourth green 3dMACD bar is coming :)


Title: Re: Fourth 3dMACD bar will be GREEN! (on 28th October 2014)
Post by: SnokkomBTC on October 27, 2014, 07:40:37 PM
Fourth green 3dMACD bar is coming :)
Yeah, is a short squeeze coming? :o


Title: Re: Fourth 3dMACD bar will be GREEN! (on 28th October 2014)
Post by: inca on October 27, 2014, 07:43:09 PM
It is now or never :)


Title: Re: Fourth 3dMACD bar is GREEN!
Post by: ask on October 28, 2014, 07:39:39 AM
It looks promising.


Title: Re: Fourth 3dMACD bar is GREEN!
Post by: adaseb on October 28, 2014, 03:45:37 PM
Yes but in the long term view, it looks very bearish.

And lookin at the recent price action on LTC, it looks like BTC will go down further.


Title: Re: Fourth 3dMACD bar is GREEN!
Post by: yayayo on October 28, 2014, 04:16:18 PM
It looks promising.

Although your "analysis" completely failed, there's still hope... :D

Overestimation of abilities and emotional attachment to failed theories are the ingredients for loosing big. Markets are cruel and emotionless. It's preferable to admit defeat and try to come up with something better...

I'm also long on Bitcoin. But longterm and based on fundamental reasoning. And I admit that I don't know the future. Therefore I don't invest much, because it's better to have a little bit of something than a whole lot of nothing.

ya.ya.yo!


Title: Re: 3dMACD is GREEN!
Post by: Wary on October 28, 2014, 08:51:43 PM
As far as I can tell the 3d MACD hasn't produced one false signal so far in the history of Bitcoin.
Bitcoin history is short. So "it had never happened before" is bad predictor. In bitcoin a lot of things happening the first time ever. Both bad ones (like current one-year-long downtrend) and good ones (like ATH).


Title: Re: Fourth 3dMACD bar is GREEN!
Post by: inca on October 28, 2014, 10:22:55 PM
It looks promising.

Although your "analysis" completely failed, there's still hope... :D

Overestimation of abilities and emotional attachment to failed theories are the ingredients for loosing big. Markets are cruel and emotionless. It's preferable to admit defeat and try to come up with something better...

I'm also long on Bitcoin. But longterm and based on fundamental reasoning. And I admit that I don't know the future. Therefore I don't invest much, because it's better to have a little bit of something than a whole lot of nothing.

ya.ya.yo!

Not sure why you say failed. The three day MACD is still green. :)


Title: Re: Fourth 3dMACD bar is GREEN!
Post by: yefi on October 29, 2014, 11:56:24 PM
It looks promising.

Although your "analysis" completely failed, there's still hope... :D


If it turns red, I'm expecting the "Today I bought 2000 Bitcoins!" thread.

Hope springs eternal...


Title: Re: Fourth 3dMACD bar is GREEN!
Post by: podyx on October 29, 2014, 11:59:22 PM
http://wildmorrealty.com/wp-content/uploads/denied.jpg


Title: Re: Fifth 3dMACD bar will be GREEN! on 2014/10/31
Post by: ask on October 30, 2014, 08:42:28 PM
Really DENIED?  :D


Title: Re: Fifth 3dMACD bar will be GREEN! on 2014/10/31
Post by: maker88 on October 30, 2014, 11:13:37 PM
i don't get why people keep saying your predictions failed. seems like it is indeed green on the 4th bar.


Title: Re: Fifth 3dMACD bar is GREEN!
Post by: ask on October 31, 2014, 02:13:30 AM
i don't get why people keep saying your predictions failed. seems like it is indeed green on the 4th bar.

Because they (schmucks) don't see that the history repeats.


Title: Re: Fifth 3dMACD bar is GREEN!
Post by: Capt Drake on October 31, 2014, 02:44:11 PM
Just to make a point here, in the 3d chart the 20 MA and the 200 MA are crossing and this only happened in 2012.  :(

http://s12.postimg.org/5k9f5k4od/analysis_as_of_141031.png


Title: Re: Fifth 3dMACD bar is GREEN!
Post by: podyx on October 31, 2014, 02:47:06 PM
Just to make a point here, in the 3d chart the 20 MA and the 200 MA are crossing and this only happened in 2012.  :(

img]http://s12.postimg.org/5k9f5k4od/analysis_as_of_141031.png[/img]

Isn't that a pretty bullish sign though??


Title: Re: Fifth 3dMACD bar is GREEN!
Post by: seleme on October 31, 2014, 03:36:33 PM
Just to make a point here, in the 3d chart the 20 MA and the 200 MA are crossing and this only happened in 2012.  :(

img]http://s12.postimg.org/5k9f5k4od/analysis_as_of_141031.png[/img]

Isn't that a pretty bullish sign though??

eh, how it would be bullish?

Though not crossed yet, 3d mas can take a time.


Title: Re: Fifth 3dMACD bar is GREEN!
Post by: bitblazing on October 31, 2014, 03:49:53 PM
Just to make a point here, in the 3d chart the 20 MA and the 200 MA are crossing and this only happened in 2012.  :(

http://s12.postimg.org/5k9f5k4od/analysis_as_of_141031.png

What occurred the last time this happend?


Title: Re: Fifth 3dMACD bar is GREEN!
Post by: SnokkomBTC on October 31, 2014, 03:57:59 PM
Just to make a point here, in the 3d chart the 20 MA and the 200 MA are crossing and this only happened in 2012.  :(

http://s12.postimg.org/5k9f5k4od/analysis_as_of_141031.png

What occurred the last time this happend?
4 months stability then to the moon


Title: Re: Fifth 3dMACD bar is GREEN!
Post by: yefi on October 31, 2014, 05:38:12 PM
Just to make a point here, in the 3d chart the 20 MA and the 200 MA are crossing and this only happened in 2012.  :(

http://s12.postimg.org/5k9f5k4od/analysis_as_of_141031.png

What occurred the last time this happend?
4 months stability then to the moon

Using Stamp's data for that early period is like using an obscure exchange now to determine price action in the wider market. You need to look at Gox.


Title: Re: Fifth 3dMACD bar is GREEN!
Post by: coinableS on October 31, 2014, 07:37:35 PM
That 3D MACD is going to flip right back down to red if there isn't some steady growth in the next few days  :(


Title: Re: Fifth 3dMACD bar is GREEN!
Post by: coinableS on October 31, 2014, 07:42:20 PM
The 3D RSI on stamp has double bottomed. It fell below 30 in Sept and then again in Oct and now we are rising. This has NEVER happened before with BTC.

Quote
Rising double bottom in RSI is a fairly reliable buy signal (given a reasonably healthy market). Using a backtest database of 50 stocks (137,500 bars) diversified across industries, beta, net return, and capitalization, the backtest gives the following results:

Percent profitable: 77.0%
Ratio avg win/avg loss: 1.23
Risk adjusted ann. return: 24.63%
Profit factor: 4.12
Total number of trades: 217
Number winning trades: 167
Number losing trades: 50

https://www.amibroker.com/library/detail.php?id=220

 




Title: Re: Fifth 3dMACD bar is GREEN!
Post by: podyx on October 31, 2014, 09:51:24 PM
The 3D RSI on stamp has double bottomed. It fell below 30 in Sept and then again in Oct and now we are rising. This has NEVER happened before with BTC.

Quote
Rising double bottom in RSI is a fairly reliable buy signal (given a reasonably healthy market). Using a backtest database of 50 stocks (137,500 bars) diversified across industries, beta, net return, and capitalization, the backtest gives the following results:

Percent profitable: 77.0%
Ratio avg win/avg loss: 1.23
Risk adjusted ann. return: 24.63%
Profit factor: 4.12
Total number of trades: 217
Number winning trades: 167
Number losing trades: 50

https://www.amibroker.com/library/detail.php?id=220

 

Where is this double bottom RSI?

Can you post a picture?


Title: Re: Fifth 3dMACD bar is GREEN!
Post by: coinableS on October 31, 2014, 10:30:21 PM
The 3D RSI on stamp has double bottomed. It fell below 30 in Sept and then again in Oct and now we are rising. This has NEVER happened before with BTC.

Quote
Rising double bottom in RSI is a fairly reliable buy signal (given a reasonably healthy market). Using a backtest database of 50 stocks (137,500 bars) diversified across industries, beta, net return, and capitalization, the backtest gives the following results:

Percent profitable: 77.0%
Ratio avg win/avg loss: 1.23
Risk adjusted ann. return: 24.63%
Profit factor: 4.12
Total number of trades: 217
Number winning trades: 167
Number losing trades: 50

https://www.amibroker.com/library/detail.php?id=220

 

Where is this double bottom RSI?

Can you post a picture?


http://img.ctrlv.in/img/14/10/31/54540d5798fb8.png


Title: Breaking red
Post by: yefi on November 01, 2014, 04:01:17 PM
http://i61.tinypic.com/2r5qixv.png


Title: Re: Fifth 3dMACD bar will be GREEN! on 2014/10/31
Post by: podyx on November 04, 2014, 03:54:00 PM
Really DENIED?  :D

yes?


Title: Re: Fifth 3dMACD bar is GREEN!
Post by: notme on November 04, 2014, 05:49:01 PM
The 3D RSI on stamp has double bottomed. It fell below 30 in Sept and then again in Oct and now we are rising. This has NEVER happened before with BTC.

Never, huh?

https://dl.dropboxusercontent.com/u/176027/rsi-3d-double-bottom.png


Title: Re: Fifth 3dMACD bar is GREEN!
Post by: ask on November 04, 2014, 05:54:29 PM

Don't be so nervous. Also Rome was not built in a day.

Remember: he who laughs last, laughs best.   ;D


Title: Re: Fifth 3dMACD bar is GREEN!
Post by: podyx on November 04, 2014, 06:01:28 PM

Don't be so nervous. Also Rome was not built in a day.

Remember: he who laughs last, laughs best.   ;D

I know but we're gonna have to wait a bit longer
I'm a bull so you know


Title: Re: 6th 3dMACD bar started GREEN!
Post by: ask on November 05, 2014, 03:15:04 AM
It is green again! We will see if it will hold until Thursday.


Title: Re: 6th 3dMACD bar started GREEN!
Post by: wobber on November 05, 2014, 03:52:32 PM
It is green again! We will see if it will hold until Thursday.

I am very pessimistic about this. It's heading back to sub 300s because everyone will sell even more now with this small rise.


Title: Re: 6th 3dMACD bar started GREEN!
Post by: Capt Drake on November 05, 2014, 04:24:11 PM
I'm thinking that too, the rise don't have enough strenght and we might see 290~300 again.


Title: Re: 6th 3dMACD bar started GREEN!
Post by: ask on November 05, 2014, 05:15:52 PM
@Capt Drake & @wobber:

Tomorrow  you will both enjoy  looking at new green 3dMACD.


Title: Re: 6th 3dMACD bar started GREEN!
Post by: SnokkomBTC on November 05, 2014, 05:48:03 PM
@Capt Drake & @wobber:

Tomorrow  you will both enjoy  looking at new green 3dMACD.
This week is critical


Title: Re: 6th 3dMACD bar started GREEN!
Post by: Capt Drake on November 05, 2014, 07:36:07 PM
However, I noted that from the last ATH we returned 78.6%, if we indeed are bouncing from this floor, the rally could be huge!  :)

http://s10.postimg.org/54g8cytah/analysis_as_of_141105.png


Title: Re: 7th 3dMACD bar started GREEN!
Post by: ask on November 06, 2014, 05:12:34 AM
@Capt Drake: Yes this is the floor. 7th green bar started today.


Title: Re: 7th 3dMACD bar started GREEN!
Post by: Capt Drake on November 06, 2014, 03:10:44 PM
@ask: yeah I think it may be the bottom!!  8)

Look at how bullish LTC is too.

http://s27.postimg.org/lkxlr947n/LTC_as_of_141106.png


Title: Re: 7th 3dMACD bar started GREEN!
Post by: Elwar on November 06, 2014, 03:33:04 PM
@Capt Drake: Yes this is the floor. 7th green bar started today.

So moral of the story...buy every 3 days. Sell the next day.


Title: Re: 8th 3dMACD bar started GREEN!
Post by: ask on November 09, 2014, 04:55:44 AM
@Capt Drake: Yes this is the floor. 7th green bar started today.

So moral of the story...buy every 3 days. Sell the next day.

No.  Moral of the story is BUY & HODL.  Btw: 8th green bar started today ...


Title: Re: 8th 3dMACD bar started GREEN!
Post by: RyNinDaCleM on November 09, 2014, 07:26:05 AM
@Capt Drake: Yes this is the floor. 7th green bar started today.

So moral of the story...buy every 3 days. Sell the next day.

No.  Moral of the story is BUY & HODL.  Btw: 8th green bar started today ...

Hmm...
http://i.imgur.com/HmG4B8m.png


Title: Re: 8th 3dMACD bar started GREEN!
Post by: Wary on November 09, 2014, 10:40:58 PM
8th green bar started today ...
For it to be 8th green in a row we should assume that red (the 5th bar) is green too. :)  Under this assumption (red is green) it's even better that 8th green bar, it's 800th+ ;D


Title: Re: 8th 3dMACD bar started GREEN!
Post by: ask on November 10, 2014, 03:13:09 AM
8th green bar started today ...
For it to be 8th green in a row we should assume that red (the 5th bar) is green too. :)  Under this assumption (red is green) it's even better that 8th green bar, it's 800th+ ;D

Focus on word STARTED. Also 5th bar started green, later it turned to red.


Title: Re: 8th 3dMACD bar started GREEN!
Post by: RyNinDaCleM on November 10, 2014, 04:24:55 AM
8th green bar started today ...
For it to be 8th green in a row we should assume that red (the 5th bar) is green too. :)  Under this assumption (red is green) it's even better that 8th green bar, it's 800th+ ;D

Focus on word STARTED. Also 5th bar started green, later it turned to red.

So...!
I started the night with one beer. Does that mean I will get a DUI? Who knows? There isn't enough information to tell right now. So I end up hammered and I get pulled over and the cop asks me "Mr.Ryan, how many drinks have you had tonight?" and I respond "well, I started with one, and proceeded to drink 27 more"
Cop:"You're going to jail"
Me:"But, I started with just one!"

The moral of the story is that the start is irrelevant. A lot of shit can happen between the open and the close. The close is the only thing that matters. So we are officially at two green 3D MACD bars with a third in the works.


Title: Re: 8th 3dMACD bar started GREEN!
Post by: TrollinU on November 10, 2014, 04:27:02 AM
8th green bar started today ...
For it to be 8th green in a row we should assume that red (the 5th bar) is green too. :)  Under this assumption (red is green) it's even better that 8th green bar, it's 800th+ ;D

Focus on word STARTED. Also 5th bar started green, later it turned to red.

So...!
I started the night with one beer. Does that mean I will get a DUI? Who knows? There isn't enough information to tell right now. So I end up hammered and I get pulled over and the cop asks me "Mr.Ryan, how many drinks have you had tonight?" and I respond "well, I started with one, and proceeded to drink 27 more"
Cop:"You're going to jail"
Me:"But, I started with just one!"

The moral of the story is that the start is irrelevant. A lot of shit can happen between the open and the close. The close is the only thing that matters. So we are officially at two green 3D MACD bars with a third in the works.

LOL  ;D

It sounds to me like someone is trying to get some hype stirring because his newly acquired Bitcoins are under water  :P


Title: Re: 8th 3dMACD bar started GREEN!
Post by: ask on November 10, 2014, 04:28:56 AM
 8)
8th green bar started today ...
For it to be 8th green in a row we should assume that red (the 5th bar) is green too. :)  Under this assumption (red is green) it's even better that 8th green bar, it's 800th+ ;D

Focus on word STARTED. Also 5th bar started green, later it turned to red.

So...!
I started the night with one beer. Does that mean I will get a DUI? Who knows? There isn't enough information to tell right now. So I end up hammered and I get pulled over and the cop asks me "Mr.Ryan, how many drinks have you had tonight?" and I respond "well, I started with one, and proceeded to drink 27 more"
Cop:"You're going to jail"
Me:"But, I started with just one!"

The moral of the story is that the start is irrelevant. A lot of shit can happen between the open and the close. The close is the only thing that matters. So we are officially at two green 3D MACD bars with a third in the works.

So... Cheers!

And let's wait for START of 9th bar on Wednesday :D


Title: Re: 8th 3dMACD bar started GREEN!
Post by: ask on November 10, 2014, 05:26:21 AM
8th green bar started today ...
For it to be 8th green in a row we should assume that red (the 5th bar) is green too. :)  Under this assumption (red is green) it's even better that 8th green bar, it's 800th+ ;D

Focus on word STARTED. Also 5th bar started green, later it turned to red.

So...!
I started the night with one beer. Does that mean I will get a DUI? Who knows? There isn't enough information to tell right now. So I end up hammered and I get pulled over and the cop asks me "Mr.Ryan, how many drinks have you had tonight?" and I respond "well, I started with one, and proceeded to drink 27 more"
Cop:"You're going to jail"
Me:"But, I started with just one!"

The moral of the story is that the start is irrelevant. A lot of shit can happen between the open and the close. The close is the only thing that matters. So we are officially at two green 3D MACD bars with a third in the works.

LOL  ;D

It sounds to me like someone is trying to get some hype stirring because his newly acquired Bitcoins are under water  :P

Yes. I am drawing thoose green bars. As I said before, expect new one on Wednesday.

I also have a feeling that in the near future I will need more green chalks. :)


Title: Re: 9th 3dMACD bar started GREEN!
Post by: ask on November 12, 2014, 12:55:21 AM
New green bar...


Title: Re: 8th 3dMACD bar started GREEN!
Post by: blumangroup on November 12, 2014, 01:15:09 AM
8th green bar started today ...
For it to be 8th green in a row we should assume that red (the 5th bar) is green too. :)  Under this assumption (red is green) it's even better that 8th green bar, it's 800th+ ;D

Focus on word STARTED. Also 5th bar started green, later it turned to red.
I don't think technical analysis is a very good indicator as to what the price will be tomorrow (or in the future). There are too many outside influences to the price of bitcoin that are unknown to the "market" for this to reliably work


Title: Re: 8th 3dMACD bar started GREEN!
Post by: Capt Drake on November 14, 2014, 03:12:05 PM
8th green bar started today ...
For it to be 8th green in a row we should assume that red (the 5th bar) is green too. :)  Under this assumption (red is green) it's even better that 8th green bar, it's 800th+ ;D

Focus on word STARTED. Also 5th bar started green, later it turned to red.
I don't think technical analysis is a very good indicator as to what the price will be tomorrow (or in the future). There are too many outside influences to the price of bitcoin that are unknown to the "market" for this to reliably work

Yeah, indeed it's very difficult to predict exactly how the price will perform, although the market is based on human behaviour and you can tell sometimes when the trend is going up or down, it's obvious for most people.

If the market is performed by human beings that make decisions, the read of the market is more in the psychologial level than in the price per se.

Therefore, if in the past the price performed in one way, it can be performed again many times in the smae pattern. Just look how the altcoins pump and dump, it's the same thing over and over, the same patterns, even the same charts.


Title: Re: 9th 3dMACD bar started GREEN!
Post by: ask on November 14, 2014, 05:14:00 PM
THE BEST thing is that 10th 3dMACD bar will start green tomorrow. SO BULLISH.


Title: Re: 9th 3dMACD bar started GREEN!
Post by: jaredboice on November 15, 2014, 12:19:29 AM
it would be rad if someone could explain what a 3dMACD is and it's significance (and with a visual!)

 ???


Title: Re: 9th 3dMACD bar started GREEN!
Post by: jaredboice on November 15, 2014, 12:23:12 AM
and where can I see a chart that shows this info?


Title: Re: 9th 3dMACD bar started GREEN!
Post by: RyNinDaCleM on November 15, 2014, 12:25:59 AM
it would be rad if someone could explain what a 3dMACD is and it's significance (and with a visual!)

 ???

MACD=Moving Average Convergence and Divergence. The histogram (vertical bar graph) gets higher when the signal line (blue) moves above the EMA of MACD (purple) And goes into negative when the signal drops below the EMA. The height of the histo bars is the difference between the signal and the EMA.

MACD is the difference between two moving averages. The 12 period (in the 3 day MACD, 36 days) and the 26 period (78 days). The purple line is an exponential average that takes 9 periods of the blue line to calculate

http://i.imgur.com/iOYo6XG.png


Title: Re: 9th 3dMACD bar started GREEN!
Post by: Wilhelm on November 15, 2014, 12:26:36 AM
it would be rad if someone could explain what a 3dMACD is and it's significance (and with a visual!)

 ???

3day MACD

MACD is one of the most popular technical indicator. Wikipedia has info on it.

I can't explain what people mean with the 3 day since MACD is a combination of three moving averages with different periods.
Usually they say a MACD 29-12-9 or something to indicate the three periods.

From wikipedia in visual format ;-)
http://upload.wikimedia.org/wikipedia/commons/f/f9/MACDpicwiki.gif


Title: Re: 9th 3dMACD bar started GREEN!
Post by: jaredboice on November 15, 2014, 01:17:45 AM
Thanks guys!  I think I get it.  So the 3-day MACD (3dMACD) is basically just the MACD but averaged out over 3 day periods...Hence why the 3dMACD of the 12 period is 36 days (12 x 3).  Had to read wiki for further information.  Definitely a lot to wrap your brain around


Title: Re: 9th 3dMACD bar started GREEN!
Post by: Wilhelm on November 15, 2014, 01:55:51 AM
Thanks guys!  I think I get it.  So the 3-day MACD (3dMACD) is basically just the MACD but averaged out over 3 day periods...Hence why the 3dMACD of the 12 period is 36 days (12 x 3).  Had to read wiki for further information.  Definitely a lot to wrap your brain around

Yep it's pretty elegant and complex at the same time :).


Title: Re: 9th 3dMACD bar started GREEN!
Post by: Wary on November 15, 2014, 02:37:51 AM
it would be rad if someone could explain what a 3dMACD is and it's significance (and with a visual!)
 ???
3day MACD
MACD is one of the most popular technical indicator. Wikipedia has info on it.
I can't explain what people mean with the 3 day since MACD is a combination of three moving averages with different periods.
Usually they say a MACD 29-12-9 or something to indicate the three periods.
From wikipedia in visual format ;-)
http://upload.wikimedia.org/wikipedia/commons/f/f9/MACDpicwiki.gif
Here how you set and see it:

 http://i.imgur.com/y4c9SBs.png


Title: Re: 10th 3dMACD bar started GREEN!
Post by: ask on November 15, 2014, 10:54:28 AM
... and 10th bar started green today ...


Title: Re: 10th 3dMACD bar started GREEN!
Post by: jaredboice on November 15, 2014, 12:21:43 PM
... and 10th bar started green today ...

When is the last time that happened in Bitcoin history?


Title: Re: 10th 3dMACD bar started GREEN!
Post by: pabloangello on November 15, 2014, 12:32:34 PM
... and 10th bar started green today ...

When is the last time that happened in Bitcoin history?

Set up charts like few post above and review it.


Title: Re: 10th 3dMACD bar started GREEN!
Post by: ask on November 15, 2014, 01:00:19 PM
... and 10th bar started green today ...

When is the last time that happened in Bitcoin history?

This was allways indicator that a bubble is around the corner.


Title: Re: 10th 3dMACD bar started GREEN!
Post by: pabloangello on November 15, 2014, 01:18:51 PM
... and 10th bar started green today ...

When is the last time that happened in Bitcoin history?

This was allways indicator that a bubble is around the corner.

After each bubble (at peak) there was this scheme: red -> green -> red -> greeeeeeeeeeen Bubble
And now we are in this second green stage (but with a very small one red bar).
It will not give you 100% certainity that there will be new bubble soon anyway...


Title: Re: 10th 3dMACD bar started GREEN!
Post by: ask on November 15, 2014, 01:33:23 PM
After each bubble (at peak) there was this scheme: red -> green -> red -> greeeeeeeeeeen Bubble
And now we are in this second green stage (but with a very small one red bar).
It will not give you 100% certainity that there will be new bubble soon anyway...

And that red bar could be ignored because it was just oscillation around 0 (its value was -0.5649 @Bitstamp).


Title: Re: 10th 3dMACD bar started GREEN!
Post by: pabloangello on November 15, 2014, 01:35:44 PM
After each bubble (at peak) there was this scheme: red -> green -> red -> greeeeeeeeeeen Bubble
And now we are in this second green stage (but with a very small one red bar).
It will not give you 100% certainity that there will be new bubble soon anyway...

And that red bar could be ignored because it was just oscillation around 0 (its value was -0.5649 @Bitstamp).

BTT should buy another servers to handle enormous wave of newcomers soon : D


Title: Re: 11th 3dMACD bar started GREEN!
Post by: ask on November 18, 2014, 01:10:08 AM
New green bar...


Title: Re: 11th 3dMACD bar started GREEN!
Post by: Wary on November 18, 2014, 03:03:53 AM
New green bar...
http://i.imgur.com/PmbGSgb.png

Not true gentleman :(


Title: Re: 11th 3dMACD bar started GREEN!
Post by: coinableS on November 18, 2014, 05:15:50 AM

Or it could be like the 2012 spike from $4 to $12.

http://i.imgur.com/Ao2YiA9.png

Who knows what will happen, this is freakin' Bitcoin bitches!


Title: Re: 11th 3dMACD bar started GREEN!
Post by: SmoothCurves on November 18, 2014, 06:37:32 AM

Or it could be like the 2012 spike from $4 to $12.

http://i.imgur.com/Ao2YiA9.png

Who knows what will happen, this is freakin' Bitcoin bitches!

All of 2014 feels like the crash after the ath 2011


Title: Re: 11th 3dMACD bar started GREEN!
Post by: calchuchesta on November 18, 2014, 05:44:17 PM

Or it could be like the 2012 spike from $4 to $12.

http://i.imgur.com/Ao2YiA9.png

Who knows what will happen, this is freakin' Bitcoin bitches!

All of 2014 feels like the crash after the ath 2011
Time to pick the latest cheap coins.


Title: Re: 12th 3dMACD bar started GREEN!
Post by: pabloangello on November 22, 2014, 11:41:49 PM
No more updates here?; p


Title: Re: 12th 3dMACD bar started GREEN!
Post by: poncom on November 22, 2014, 11:51:09 PM
No more updates here?; p

The 13th 3dMACD bar probably started RED and ruined everything.


Title: Re: 12th 3dMACD bar started GREEN!
Post by: ask on November 23, 2014, 07:47:25 AM
No more updates here?; p

The 13th 3dMACD bar probably started RED and ruined everything.
No. Tomorrow's bar will be green too.

More important: also 1w MACD is moving towards green area. I expect that we will see first green bar on 8th of December.


Title: Re: 12th 3dMACD bar started GREEN!
Post by: yayayo on November 23, 2014, 07:18:04 PM
No more updates here?; p

The 13th 3dMACD bar probably started RED and ruined everything.
No. Tomorrow's bar will be green too.

More important: also 1w MACD is moving towards green area. I expect that we will see first green bar on 8th of December.


I just want to point out that it will not be the 13th bar, because there has been a tiny red bar inbetween. This tiny "aberration" would have caused an automatic trading system based on the indicator in question going short, involving losses.

Stating that the 3dMACD is a perfect trading indicator while simply ignoring "false signals" is deceptive.

ya.ya.yo!


Title: Re: 11th 3dMACD bar started GREEN!
Post by: smoothie on November 23, 2014, 08:13:41 PM

Or it could be like the 2012 spike from $4 to $12.

http://i.imgur.com/Ao2YiA9.png

Who knows what will happen, this is freakin' Bitcoin bitches!

All of 2014 feels like the crash after the ath 2011

I disagree. This long bear market is similar to 2011 but not as drastic.


Title: Re: 12th 3dMACD bar started GREEN!
Post by: Wary on November 24, 2014, 08:06:05 AM
Future will show you that this is a perfect long term trading indicator. Your comment about tiny red bar - it depends how inteligent is automated trading system. My simply ignores it and takes it as noise.
Why make an automated trading system for long term trades?


Title: Re: 13th 3dMACD bar started GREEN!
Post by: Wary on November 24, 2014, 08:18:00 AM
Future will show you that this is a perfect long term trading indicator. Your comment about tiny red bar - it depends how inteligent is automated trading system. My simply ignores it and takes it as noise.
Why make an automated trading system for long term trades?
It was reply to initial statement:

"This tiny "aberration" would have caused an automatic trading system based on the indicator in question going short, involving losses."

Yes, I agree that we dont need automated trading system, we need just common sense. :)
:)


Title: Re: 13th 3dMACD bar started GREEN!
Post by: yayayo on November 24, 2014, 11:54:22 PM
Future will show you that this is a perfect long term trading indicator. Your comment about tiny red bar - it depends how inteligent is automated trading system. My simply ignores it and takes it as noise.
Why make an automated trading system for long term trades?
It was reply to initial statement:

"This tiny "aberration" would have caused an automatic trading system based on the indicator in question going short, involving losses."

Yes, I agree that we dont need automated trading system, we need just common sense. :)

The questions is however - how do you define "common sense"?

Why do you ignore the tiny red bar? Will you always ignore a tiny red bar? Do you have a clearly defined rule set for "noise" reduction?

If you have a trading system  - in this case it was claimed that the trading system is based solely on the 3dMACD (because it's such a "perfect long term indicator") - and this trading systems generates a sell signal you can't just arbitrarily ignore that signal. If you find it necessary to do so, you are not following the trading system and are in fact invalidating the claim that the trading system is perfect.

ya.ya.yo!


Title: Re: 13th 3dMACD bar started GREEN!
Post by: lyth0s on November 25, 2014, 07:51:34 AM
Future will show you that this is a perfect long term trading indicator. Your comment about tiny red bar - it depends how inteligent is automated trading system. My simply ignores it and takes it as noise.
Why make an automated trading system for long term trades?
It was reply to initial statement:

"This tiny "aberration" would have caused an automatic trading system based on the indicator in question going short, involving losses."

Yes, I agree that we dont need automated trading system, we need just common sense. :)

The questions is however - how do you define "common sense"?

Why do you ignore the tiny red bar? Will you always ignore a tiny red bar? Do you have a clearly defined rule set for "noise" reduction?

If you have a trading system  - in this case it was claimed that the trading system is based solely on the 3dMACD (because it's such a "perfect long term indicator") - and this trading systems generates a sell signal you can't just arbitrarily ignore that signal. If you find it necessary to do so, you are not following the trading system and are in fact invalidating the claim that the trading system is perfect.

ya.ya.yo!

Maybe "common sense" is being defined here as realizing that a single small red bar when the 3D MACD is just turning green (and near zero), and now surrounded by greens, should be considered as noise.

I'm not a pro trader, but from a statistics perspective I see it as a deviation ask's indicator, but the question becomes "is this statistically significant", in which there are means to determine that...



Title: Re: 13th 3dMACD bar started GREEN!
Post by: yefi on November 25, 2014, 08:44:10 AM
Why do you ignore the tiny red bar? Will you always ignore a tiny red bar? Do you have a clearly defined rule set for "noise" reduction?

If you have a trading system  - in this case it was claimed that the trading system is based solely on the 3dMACD (because it's such a "perfect long term indicator") - and this trading systems generates a sell signal you can't just arbitrarily ignore that signal. If you find it necessary to do so, you are not following the trading system and are in fact invalidating the claim that the trading system is perfect.

ya.ya.yo!
If the definition doesn't fit, change the definition. One of the first rules of politics I think ;)

ye.fi.mo!


Title: Re: 14th 3dMACD bar started GREEN!
Post by: davidorentol on November 27, 2014, 08:07:24 AM
... and new green bar ...

so many.....such green bars.....so bitcoin....wow   :D


Title: Re: 14th 3dMACD bar started GREEN!
Post by: lyth0s on November 27, 2014, 09:23:58 AM
... and new green bar ...

Should we be worried that the 3D MACD histogram reached a peak of 19, but now hovering in the 16 area without a large or steady increase? I'm new to assessing markets based on MACD so advice is appreciated.


Title: Re: 16th 3dMACD bar started GREEN!
Post by: bitcoinbelieve on December 03, 2014, 10:30:12 AM
Is there updated chart avail?


Title: Re: 16th 3dMACD bar started GREEN!
Post by: pabloangello on December 03, 2014, 10:48:34 AM
Is there updated chart avail?

Lol just check lets say https://bitcoinwisdom.com with MACD indicator in Settings.


Title: Re: 17th 3dMACD bar started GREEN!
Post by: Elwar on December 08, 2014, 04:24:10 PM
I'm thinking this week is the week to go all green.


Title: Re: 17th 3dMACD bar started GREEN!
Post by: Pente on December 08, 2014, 07:20:22 PM
I noticed that the 1wMACD bar is green today! On the bad side, 3dMACD seems to be losing momentum.

Just makes me feel like an astrologer figuring out when all the planets will align.



Title: Re: 17th 3dMACD bar started GREEN!
Post by: NotLambchop on December 08, 2014, 07:51:36 PM
Green again.

Can we finally agree that this is meaningless? :D


Title: Re: 17th 3dMACD bar started GREEN!
Post by: inca on December 08, 2014, 07:59:36 PM
Green again.

Can we finally agree that this is meaningless? :D

No when clearly it isn't meaningless.

Though please keep up the incredibly high content free daily post count!


Title: Re: 17th 3dMACD bar started GREEN!
Post by: NotLambchop on December 08, 2014, 08:07:31 PM
Green again.

Can we finally agree that this is meaningless? :D

No when clearly it isn't meaningless.

Though please keep up the incredibly high content free daily post count!

So I guess it means the price's gonna drop, 'coz that's what it's doing :-\
You have me on ignore, BTW.


Title: Re: 17th 3dMACD bar started GREEN!
Post by: inca on December 08, 2014, 08:44:48 PM
So I guess it means the price's gonna drop, 'coz that's what it's doing :-\
You have me on ignore, BTW.

Intermittently, though every single time I have allowed you out of your little box I have regretted it. :)

You appear to either be unemployed or have caught the bitcoin bug really bad.


Title: Re: 17th 3dMACD bar started GREEN!
Post by: NotLambchop on December 08, 2014, 09:11:13 PM
So I guess it means the price's gonna drop, 'coz that's what it's doing :-\
You have me on ignore, BTW.

Intermittently, though every single time I have allowed you out of your little box I have regretted it. :)

You appear to either be unemployed or have caught the bitcoin bug really bad.

I did, and if this is your only account, long before you.  Like any sane trader and unlike yourself, I saw the bubble for what it was & did not let greed get the best of me.  That's why I can afford to donate so freely of my time to your education.
http://i.imgur.com/KZ5Ta6B.gif
You don't even need to thank me :(


Title: Re: 19th 3dMACD bar started GREEN!
Post by: yayayo on December 13, 2014, 08:23:47 PM
Is it still all green? If not then it's only an artifact for sure and should not be taken seriously... :D

Please update...

ya.ya.yo!


Title: Re: 19th 3dMACD bar started GREEN!
Post by: TrollinU on December 13, 2014, 08:35:38 PM
Is it still all green? If not then it's only an artifact for sure and should not be taken seriously... :D

Please update...

ya.ya.yo!

It's still green, but heading down with the price


Title: Re: 19th 3dMACD bar started GREEN!
Post by: Tzupy on December 13, 2014, 08:46:40 PM
The divergence hasn't flipped to red yet, but last time it did in July at about 620$, and then we all know where it ended (275$).


Title: Re: 19th 3dMACD bar started GREEN!
Post by: inca on December 13, 2014, 11:00:29 PM
The divergence hasn't flipped to red yet, but last time it did in July at about 620$, and then we all know where it ended (275$).

So it's still green. Thanks for the unnecessary bearish flourish you add to every single post on this site lol.


Title: Re: 17th 3dMACD bar started GREEN!
Post by: sniveling on December 14, 2014, 02:07:38 AM
Green again.

Can we finally agree that this is meaningless? :D

Can you post a link to an explanation of why the 3dMACD bar is so important? I know there are plenty of explanations of why the MACD bar is important, but I cannot find anything specifically about the 3dMACD bar.


Title: Re: 17th 3dMACD bar started GREEN!
Post by: RyNinDaCleM on December 14, 2014, 03:39:34 AM
Green again.

Can we finally agree that this is meaningless? :D

Can you post a link to an explanation of why the 3dMACD bar is so important? I know there are plenty of explanations of why the MACD bar is important, but I cannot find anything specifically about the 3dMACD bar.

It takes a little more data than a 1 day MACD and about half the data for a 1 week MACD. Other than that, there is nothing special about it. In fact, until BW started using it, I never heard of people using it (still don't except in Bitcoin, but..). Personally, I use 1 day and 1 week, not the oddball 3 day MACD.  :-\

Edit:
Page 8 owned  8)


Title: Re: 17th 3dMACD bar started GREEN!
Post by: Tzupy on December 14, 2014, 09:33:27 AM
...
Can you post a link to an explanation of why the 3dMACD bar is so important? I know there are plenty of explanations of why the MACD bar is important, but I cannot find anything specifically about the 3dMACD bar.

It is important in this market. Flipping to green gave good buy signals in May and November, also flipping to red gave a decent sell signal in July.


Title: Re: 17th 3dMACD bar started GREEN!
Post by: sniveling on December 14, 2014, 12:02:13 PM
...
Can you post a link to an explanation of why the 3dMACD bar is so important? I know there are plenty of explanations of why the MACD bar is important, but I cannot find anything specifically about the 3dMACD bar.

It is important in this market. Flipping to green gave good buy signals in May and November, also flipping to red gave a decent sell signal in July.

Does it ever get it wrong? If it does, how often can it get it wrong?


Title: Re: 17th 3dMACD bar started GREEN!
Post by: yayayo on December 15, 2014, 02:20:31 PM
...
Can you post a link to an explanation of why the 3dMACD bar is so important? I know there are plenty of explanations of why the MACD bar is important, but I cannot find anything specifically about the 3dMACD bar.

It is important in this market. Flipping to green gave good buy signals in May and November, also flipping to red gave a decent sell signal in July.

Does it ever get it wrong? If it does, how often can it get it wrong?

Truth is that there aren't nowhere nearly enough historical data for this specific indicator in this specific market to claim that it was even a reliable indicator in the past with any reasonable statistic certainty. Even if there would be plenty of data available there is still zero assurance that the market will behave the same way in future as it did in the past.

So choosing the 3dMACD as an indicator is purely arbitrary and not based on sound data. It might work this time, but it also might fail miserably (the latter looks more likely). It's like rolling a dice.

Don't base your investment decisions on self-delusion. In the end you will loose funds. Buy only what you can afford to loose and hodl. It's much better for your health than trying to beat the market with a non-scientific approach.

ya.ya.yo!


Title: Re: 20th 3dMACD bar started GREEN!
Post by: yefi on December 18, 2014, 09:00:58 PM
So what's the excuse this time for why this bar is really GREEN? :D


Title: Re: 20th 3dMACD bar started GREEN!
Post by: Tzupy on December 18, 2014, 09:21:44 PM
For mainland Chinese exchanges it hasn't turned red yet, but for Bitstamp, BTC-E and Bitfinex it just did.
Which means, like in June - July, that those holding based on green 3d MACD divergence got bull trapped.


Title: Re: 20th 3dMACD bar started GREEN!
Post by: yayayo on January 16, 2015, 08:23:34 PM
Can we finally declare that the indicator failed to predict a new uptrend?

(I'm sorry, but I guess I just like to open old sores... :D )

ya.ya.yo!


Title: Re: 17th 3dMACD bar started GREEN!
Post by: NotLambchop on January 17, 2015, 04:21:50 PM
Green again.

Can we finally agree that this is meaningless? :D

No when clearly it isn't meaningless. ...


Title: Re: 20th 3dMACD bar started GREEN!
Post by: cellard on January 17, 2015, 06:24:43 PM
MACD is just another indicator of a trend, not a magic ball to predict the future. No one can predict the market's future, it's a game probability, so you need luck.