Question: How to set up the MACD indicator?

Question: How to set up the MACD indicator?

Answer

For H1 and neighboring timeframes, settings 12, 26, 9 are considered optimal. Many traders also use them for trading on daily charts. If you want to trade non-minimum timeframes, then for 5 and 15 minutes it is recommended to use the parameters 21, 31, 1. Three types of settings are considered effective on the minute timeframe: 13, 21, 1; 21, 34, 1 and 31, 144, 1. To improve the accuracy of forecasts, many traders add three indicators to the chart at once with the parameters indicated above.