A MACD Buy signal in Eaton Corp

In my daily chart review, it usually does not take long to find a chart that has a nice clean Buy (or Sell) signal using just the MACD indicator. Here is an example in $ETN:

ETN_MACD_BuyOne additional plus thing to note here is that during the B/O (breakout) back-test, price avoided a test of the B/O line.


Leave a Reply

Your email address will not be published.