Hang Eleven MACD settings

For the purpose of this study our Hang Eleven MACD settings are 52, 73, and 5.

The waves are created by a fast moving average of 52 periods, a slow moving average of 73 periods, and a signal line of 5 periods.

It looks this way on a daily forex chart.

The reason for using those hang eleven MACD settings is personal. The default setting for a MACD are 12, 26, and nine but the problem with using defaults is that those who would hunt stop orders look to these numbers and waves based on a default MACD can often deliver very wicked results such has only stop hunters could explain.

The waves created by the MADC settings on the daily serve to trade shorter time frames that also have the same MACD settings applied to them.