The MACD Indicator For Beginners [Become An Expert Immediately]

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  • Опубліковано 22 гру 2024

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  • @thetradingchannel
    @thetradingchannel  2 роки тому +43

    EXTREMELY IMPORTANT PSA: There are a number of accounts using our name and profile picture to pretend to be me and steal money from viewers. 1 - I do not have a Telegram, Whatsapp, or Discord account. 2 - I will NEVER ask you for money. 3 - I will NEVER ask for money/cryptocurrency and say I will trade for you. 4 - I will NEVER ask you for a payment in any cryptocurrency. 5 - DO NOT COMMUNICATE WITH THESE ACCOUNTS. They are pretending to be me and trying to steal your money. I currently have two full-time employees that delete these comments daily. But, some still get through. So, please be extremely careful and never give someone cryptocurrency or money that is pretending to be me. AGAIN, I DO NOT HAVE A TELEGRAM, WHATSAPP, OR DISCORD ACCOUNT, I WILL NEVER ASK YOU FOR MONEY OR TRADE FOR YOU, I WILL NEVER ASK YOU FOR A PAYMENT IN CRYPTO. DO NOT COMMUNICATE WITH THESE ACCOUNTS. Also, there are a lot of people pretending to be me on IG. The only business IG that is actually me is @thetradingchannel and my personal is @stevenkiethhart. Anything other than those exact two are people pretending to be me to steal your money. Be careful out there!

    • @mitya80
      @mitya80 2 роки тому +2

      it's 2022 and people are still falling for this BS :)

    • @SirX2.0
      @SirX2.0 2 роки тому

      Noted mate

    • @FlipFuture
      @FlipFuture 2 роки тому

      I noticed you have 2 different schools. I'm part of TTC university which has taught me the importance of backtesting amongst many other things. Would I still benefit from EAP Training Program as well?

  • @GideonJerry-d7f
    @GideonJerry-d7f 11 місяців тому +3

    I’m so impressed at your transparency, not every UA-camr would give credit to another

  • @localcoupons1
    @localcoupons1 Рік тому +4

    Came back and watched this video again after watching all other material and doing back testing. Recommend for everyone! Makes more sense and it elevated my understanding even more and cleaned up my strategy.

  • @luvgupta7151
    @luvgupta7151 2 роки тому +3

    Hey, i just won my 1st trade with this.. very happy... followed all the rules before entry!!.. thanks

  • @estrellaalupani4476
    @estrellaalupani4476 2 роки тому +2

    beginner in forex. Applied all learnings from u, cheers!! 1st 2 consective take profit! Thank u so much! You're a blessing!😍 😍😍

  • @jjanimation7879
    @jjanimation7879 6 місяців тому

    one of few channels I found on YT that isn't trying to screw you over and that gives you honest advice. I very much appreciate your work and efforts to help people, keep it up

  • @deadmansswitch2748
    @deadmansswitch2748 Рік тому

    Thanks!

  • @bkim2288
    @bkim2288 23 дні тому

    Love the test and the example at the 13:50 mark. First timer on your channel. Great lessons, and thanks!

  • @fredharding-amoo6528
    @fredharding-amoo6528 2 роки тому +3

    You are so so powerful, Steve.. The best in the World. All your contents are great .

  • @gholamhosseingorgin4799
    @gholamhosseingorgin4799 2 роки тому +2

    WOW I wish I saw that before very simple and so trustable Entry point, and profitable with baes levels consideration. Thank you very much for sharing and professional explanation that make that simple . God bless you dear Brother

  • @gracelikerain5039
    @gracelikerain5039 2 роки тому

    Im so excited its finally starting to make sense your channel is the only channel that makes sense

  • @RoyJenkins777
    @RoyJenkins777 2 роки тому +6

    I've been watching for a few months now and like your teaching technique. I've learned more than the previous 7 months with others. Thanks. God Bless

  • @avestuart
    @avestuart 2 роки тому +19

    Only question I have is for what time frame is the MACD good to use? I've been doing scalp-trading and use the five-minute timef rame, but found it to be a bit slow sometimes. People in trading groups tell me not to use MACD on lower time frames. It would be handy if videos such as this one would always remember to mention the time frame, I see time frame as a common question in comments on a lot of trading videos because the creators didn't mention it..
    Please always remember to mention the time frame, always.
    But this is a really good video which explains how to use the MACD in more depth.

    • @timbawoof1
      @timbawoof1 2 роки тому +9

      I've had good results day trading with 1&5min charts. For best results, trade when both charts are complimenting each other. Ie. Both are going up or green

    • @rogerward801
      @rogerward801 2 роки тому +9

      I've found that using the longer time frame gives a better indication of the trend while the short time frame helps narrow down when to open and close a position

    • @lumbarthought558
      @lumbarthought558 2 роки тому

      how do you know where to put your stoploss? thats my only problem because i use it with the 15min chart which is quite nice. only problem is that i just dont know where to put my stoploss

    • @Daizeblaize
      @Daizeblaize Рік тому

      ​@@lumbarthought558he made a video on atr indicator. It's helpful. That's what i use in setting my SL. Doesn't work all the d time thòugh but its an 85% win rate.

  • @FemaleObserver
    @FemaleObserver 2 роки тому

    Wow, i have jumped from several videos and feeling so dumb not understanding the macd still till i found your video!! Please let me subscribe and I will follow your teachings from this time on. Thank you soooooo very very very much!!

  • @prosperitymagnet888
    @prosperitymagnet888 2 роки тому +8

    Thank you very much, Steven for another comprehensive tutorial of a great strategy, especially the last section about trading psychology and risk management. Sticking to a tested strategy with proper risk management is a simple yet one of the hardest things to do.

  • @xlife642
    @xlife642 2 роки тому +4

    This is exactly what i was looking for.A confirmation for Entry and Exit.Thanks

  • @ndenguti6243
    @ndenguti6243 2 роки тому +1

    A around 15:09 on the poiund dollar you ,missed the huge divergence between the macd and price which signalled a downturn. Right from the beginning of the consolidation. Did I see well?

  • @zeeshanmalik2275
    @zeeshanmalik2275 2 роки тому +6

    Dear Steven I must say u r simply awesome. Always a great learning experience watching ur videos. And u know what the best part (by which i am impressed) is the lecture u always give about trading psychology. Bless u.👍

  • @seyedhasanzolanvar
    @seyedhasanzolanvar 2 роки тому +2

    Thank you so much for this video. It was the best one I came upon on MACD trading.

  • @praisebemwape2633
    @praisebemwape2633 2 роки тому +2

    Fantastic video if you were a teacher Steven everyone would pass in class 😀. Its so educative for one to understand clearly keep up with the good work.👏

  • @darrengough192
    @darrengough192 2 роки тому +4

    Great video, just starting out myself and this type of video is ideal. I already feel I understand the charts better, great in video examples as well. I would advise people to pause and take screen shots of the examples and makes notes as they go.

  • @jennilu26
    @jennilu26 2 роки тому +5

    All the information you give is amazing. I loved the EAP program. Keep up the good work 👏

  • @amanullah-cd1ei
    @amanullah-cd1ei 2 роки тому +1

    Man this strategy really helped me alot appreciate it man love from Pakistan 💕

  • @jimmyranzit232
    @jimmyranzit232 2 роки тому +2

    Hey guys I’m new to all this, what are your thoughts on smart charts ? Apparently they smart charts does all the calculations and alerts you on when to make trades etc, I’d like The Trading Channels input on smart charts

  • @Elisasofia258
    @Elisasofia258 2 роки тому +11

    You are right! your explanation is easy to follow up and very educative. thanks

  • @noashohat8380
    @noashohat8380 2 роки тому +2

    i need to watch this everyday , thank you so much

  • @degened2990
    @degened2990 2 роки тому +11

    Super simple. And in my experience, simple is best. Great strategy my man. Loved the video.

  • @theprofitabletraders8072
    @theprofitabletraders8072 2 роки тому +2

    Steven is one of the best forex traders I know. You've totally inspired me to become a profitable trader.

  • @investradelearn
    @investradelearn 2 роки тому +17

    Hey man great video as always, many thanks! I have one question, for Stocks do you turn the extended hours or do you keep them off? This affect where the MACD crosses and the 200EMA drastically, thanks in advance.

    • @roseleah8501
      @roseleah8501 2 роки тому +4

      No doubt buddy, I am also benefiting greatly with Sam daily signals and a full time trader now. its been amazing and profitable 💯 💯..

    • @michaeljr4085
      @michaeljr4085 2 роки тому

      No it doesn’t

  • @deadmansswitch2748
    @deadmansswitch2748 Рік тому +1

    Thank you very much for your videos Steven. They are unbelievably helpful to noobies likes myself. You are helping lots of people. Thanks given.

  • @kenpresley3346
    @kenpresley3346 2 роки тому +3

    Enjoy your training videos. Pick up a lot of great info. Appreciate the notifications about Spammers/Scammers. Similar brief comments might be a good tag line to close your videos with. I've noticed a huge increase in that type activity from a number of UA-camrs I regularly watch, especially towards the viewers that make comments.

  • @olir6910
    @olir6910 2 роки тому +2

    Your equations are so easy . Thank you so much ! 💓

  • @sleimannnnnn
    @sleimannnnnn 4 місяці тому

    you the first perso i watch hes video and he saying something right and good

  • @gholamhosseingorgin4799
    @gholamhosseingorgin4799 2 роки тому +1

    Thank you for sharing such quality content with us all. So much love and gratitude

  • @shyamdada9633
    @shyamdada9633 2 роки тому +1

    Love from Bangladesh 🇧🇩
    💝

  • @thisperson6146
    @thisperson6146 2 роки тому +2

    Aside from MACD, how are you writing on your TradingView without using your tradingview writing tools? I know you're using a electronic writing pad and pen, but in my experience, the pad and pen doesn't allow someone to write on tradingview without using tradingview's writing tools. I've noticed you also drew lines where the macd signal is, and tradingview tools doesn't allow it. 🤔 hope you can respond. Thanks for all you do.

  • @inviolataasikuku4446
    @inviolataasikuku4446 2 роки тому +3

    Another great video, you have made my trading doable through your educative videos. Thank you very much.

  • @richardtebit8277
    @richardtebit8277 Рік тому

    Video is excellent and wonderful. You can turn trading to simplicity. The issue is the fee for your courses is high for us Africans

  • @SpartawsZeirose
    @SpartawsZeirose Рік тому

    This is incredible! However I didn't completely understand. In summary, you exploit high volatility coming from retracements, right? How much time did it take for you to discover this pattern?

  • @OutfitMyLife
    @OutfitMyLife 2 роки тому +1

    love the stoch rsi the same way it is amazing when used correctly

  • @jassanrestauro2525
    @jassanrestauro2525 2 роки тому +1

    thank so much for guide and ideas.jassan here .from philippines..

  • @Boxxocode
    @Boxxocode 2 роки тому

    This is cool! Thank you for your great idea. I will use this to develop my forex robot trade.

  • @lionheavens3855
    @lionheavens3855 2 роки тому +2

    Great... a quick question.. "After you smash your daily goal... but then you just decide to go about with some pairs just to see them... and then you get a good setup on a pair... will you jump into the trade?....

  • @mr.johnson7990
    @mr.johnson7990 2 роки тому +9

    Your are a gem brobro, keep your good work up

  • @billyjoel5120
    @billyjoel5120 2 роки тому +1

    You are a blessing Steve.May God keep on blessing you abundantly

  • @isabelaonu403
    @isabelaonu403 2 роки тому +4

    You’re such a kind soul.. giving props like almost no one would.. 🙏❤️❤️ How can I please join your program?

  • @sisiddesi5191
    @sisiddesi5191 2 роки тому +2

    Excellent, clear introduction video.

  • @liberalman536
    @liberalman536 2 роки тому

    I think, your greatest skill is to present a complex subject in a simple way.

  • @shanepascoe1078
    @shanepascoe1078 2 роки тому

    Are you able to make a video or explain why a divergence fails to follow through?

  • @chrisakbas938
    @chrisakbas938 2 роки тому +1

    Great video as always! I have one question. Does this information apply to stocks aswell or only for Forex trading (currency)?

  • @robbieaurellano2426
    @robbieaurellano2426 2 роки тому +1

    what tools you are using for the trading?

  • @anshumdhir548
    @anshumdhir548 2 роки тому

    Hey. This video is wonderful and has just grasped my eyes. Can this be used on a 1 hour or other timeframe charts too?

  • @gunther6997
    @gunther6997 2 роки тому +1

    Can you please make a vid of when and where to put the take profit level

  • @abdulahusain2756
    @abdulahusain2756 2 роки тому +3

    Hey Steven
    I recently finished the EAP program and I followed everything you told us to do and most importantly I put the time and effort, my trading become much much better and I become consistently profitable I even passed funded account challenge to have bigger capital to trad and all these because of what I learned in this course I think it is one of the best courses you could find and it is affordable.
    if you are beginner or you are struggling to be profitable even though you are spending many hours in learning but still not profitable then you should take this course it will change your mind set and the way you look to trading.
    Thank you soo much Steven you changed my life

    • @ivanljubic2963
      @ivanljubic2963 2 роки тому

      Abdula can you tell us now, are you still profitable?

  • @austincline8510
    @austincline8510 Рік тому

    What if the MACD and price lineup around your 10:30 time, shows divergence but then the MACD breaks the trend? Let's say at your video time here, it broke below it creating a lower line than the previous. What would you say is happening then?

  • @MrMantuxaz
    @MrMantuxaz Рік тому

    Can i use ATR for stop loss and target 1.4 take profit for it? Or just set the stop loss at the swing low?

  • @ninjaclan3610
    @ninjaclan3610 2 роки тому +1

    IDK you will reply or not, but I want to ask something, i am a student from India want to learn about trading, but I didn't have money to buy price action course, i just learned about candlestick pattern, chart pattern and how to draw support and resistance there is ton of videos on UA-cam but idk what to learn next, i will be very glad if you help me what to do next please

  • @samkarema4045
    @samkarema4045 2 роки тому +2

    Hey Steven, thanks for the tuto. A quick one: are you a successful FX trader? Hope yes, otherwise I would lose interest in starting FX trading because if someone like you with such a huge qty of knowledge cannot be millionaire than what about someone like me who is just starting?

  • @troymorgan6813
    @troymorgan6813 Рік тому

    Can the MACD with the 200 EMA strategy work on every timeline? Or is it just the 4 HR. What if you have to wait a four days or longer before seeing an opening. Does this mean you should switch strategies? Thank you for your time for anyone that decides to reply.

  • @anilnegi007
    @anilnegi007 2 роки тому +2

    Good explanation, one question how macd divergence differ from rsi divergence

  • @ashik3747
    @ashik3747 2 роки тому +2

    Thanks a lot for the very informative videos as always. You are the best of the best on explaining in simple words. PERIOD.
    The thing that I don’t get is how do we find these kind of setups- flicking thru every chart is not possible. Can’t go thru all the companies chart... Is there a scanner/s that scans these types of setups. Sorry if this been asked before.

  • @unstoppablepascal2699
    @unstoppablepascal2699 2 роки тому

    This guy is a damn genius, how much is this genius worth? It must be a lot.

  • @puneetvashishat5309
    @puneetvashishat5309 2 роки тому +1

    Hi i have a small question what percentage of my total portfolio should i use in a single trade and a follow up question is what percentage of portfolio can i expose at any given time safely..just give your opinion I know you are not my financial advisor .

  • @bronxp93
    @bronxp93 2 роки тому +40

    Its easy to backrest a strategy and make it sound good. Its a different ballgame when its live. Its obvious he alrrady knows whats coming next. Papertrading is the best thing to do as a beginner to develope your own strategy.

    • @senpaianonymous2140
      @senpaianonymous2140 2 роки тому +9

      Ofc. How would you even establish rules for a strategy without back testing? Playback is a god sent gift for all traders of all levels especially to those who truly understand the repetitive waves and tendencies that happens within the market

    • @joshuamoyosore7095
      @joshuamoyosore7095 2 роки тому +1

      Can I ask what you meant by paper trading?

    • @Goch46
      @Goch46 2 роки тому +5

      @@joshuamoyosore7095 same term used for demo trading

    • @joshuamoyosore7095
      @joshuamoyosore7095 2 роки тому +1

      @@Goch46 thanks

    • @innerpeace5223
      @innerpeace5223 2 роки тому +5

      Paper trading does not teach you anything about the market it’s useless, it’s best to just start with a very small amount of money like a hundred dollars or a thousand whatever you feel is very small and a free broker and when you lose it it’s no big deal just keep doing that till your successful you’ll never learn risk management and controling your emotions

  • @gideon22ugiomoh60
    @gideon22ugiomoh60 2 роки тому +1

    Nice explanation 👌🏽, pls what web app do you use?

  • @thatsauceyy7354
    @thatsauceyy7354 2 роки тому +1

    bet your fuming about that NZDJYP, peaked to 79 early hours for us in the UK. Great video though love watching you and I'm still learning from you today.

  • @abdulrahmanmsusa9225
    @abdulrahmanmsusa9225 2 роки тому +1

    The Honest trading coach back at it again 💪. Keep it up, keep it coming 👍

  • @richardtebit8277
    @richardtebit8277 Рік тому

    Thanks. Am a novice and would love to join your lessons. Richard from cameroon

  • @chrismary6434
    @chrismary6434 2 роки тому

    I love this content. But am trying to apply it on my chart it only showed one orange line and the histogram are plan what do I do? Thanks

  • @mohammedalzayer2018
    @mohammedalzayer2018 Рік тому

    you are the best, really appreciate all the valuable contents you provide

  • @landstar3657
    @landstar3657 2 роки тому +1

    Thank You so much for the information!!! I am greatly appreciate it!!!

  • @nogugulethumaduna7061
    @nogugulethumaduna7061 2 роки тому

    Finally you back sir

  • @bluefury4702
    @bluefury4702 2 роки тому +1

    23:50 can i go bullish if i see the divergence but the macd and signal lines are down the 0 line ? ( ps, loving your content )

  • @keejoseph3145
    @keejoseph3145 2 роки тому +2

    Macd like any indicator follow price. On hindsight it looks perfect. But through two trades using this method and see how it goes will you?

    • @Goch46
      @Goch46 2 роки тому

      Yeah. Don’t use it alone

  • @gracelikerain5039
    @gracelikerain5039 2 роки тому

    Do you have a video on VWAP?

  • @realrighteoustv
    @realrighteoustv 2 роки тому +1

    excellent, excellent class! thank you sir!

  • @johnmatthews2901
    @johnmatthews2901 3 місяці тому

    Can you change the values of the lines to 20 ema and 8 ema?

  • @patrickgichinga6202
    @patrickgichinga6202 2 роки тому

    heello, thank you for this amazing free content. Do you trade indices?

  • @BilWealthyBillionaire
    @BilWealthyBillionaire 2 роки тому

    Wich time frame is the best to use this macd strategy in ?

  • @uchennaudeani352
    @uchennaudeani352 6 місяців тому

    You are a great guy, great teacher! Thanks!

  • @sannymakabi2890
    @sannymakabi2890 2 роки тому

    I really dnt understand the stop loss strategy, how do you place stop loss based of loss percentage of total account value vs lot size and ATR, one might end up stopped because of less pips to cover the risked percentage amount?

  • @jrenoe1
    @jrenoe1 Рік тому

    Your videos are outstanding. Very helpful and well done. I appreciate you!

  • @lavernekayombo6944
    @lavernekayombo6944 9 місяців тому

    As usual, great tutorial from steven.

  • @thatosandy9021
    @thatosandy9021 2 роки тому +1

    I so love your content eazy to understand you are the best

  • @willey-cruz2547
    @willey-cruz2547 Рік тому

    What time frame do we use for this macd strategy?

  • @investradelearn
    @investradelearn 2 роки тому +2

    Bro this is a great video thank you for everything your channel is gold!
    I have one question, for stocks you think its better to turn the extended hours (afterhours and premarket) since this drastically changes the moves on MACD and the 200 EMA? thanks in advance!

  • @jamesleth806
    @jamesleth806 2 роки тому

    Brilliant Teacher

  • @calenlinson1613
    @calenlinson1613 2 роки тому +1

    timeframes... specific timeframe when using MACD? or are you just going based on whichever timezone you're trading at that time.

  • @iraqiboy
    @iraqiboy 2 роки тому

    thank you so much for your effort. im learning alot from you

  • @Yas-Universal
    @Yas-Universal 2 роки тому +4

    You the man bro! Sharing your knowledge helping us beginners... thank you , your explanation is great and simple to understand, wishing you a profitable trading future ahead , I have been watching some of your videos and improved alot in reading charts etc... the Universe shall provide ✨ thank you once again

  • @ShoddoPlays
    @ShoddoPlays 2 роки тому +1

    I learned so much from this one video… thank you 🙏🏾

  • @charty_char
    @charty_char Рік тому

    Wait, does this tend to be the case in Stocks also?

  • @uditchowdhury9518
    @uditchowdhury9518 2 роки тому

    Hi, could we use 50 sma instead of 200 ema ?

  • @kiruthikamahesh5313
    @kiruthikamahesh5313 Рік тому

    Is it used for scalping

  • @thairukamau3650
    @thairukamau3650 Рік тому

    Hey which app are you using show the chart

  • @superhwro
    @superhwro 2 роки тому

    What time frame is best for MACD?

  • @mguney14
    @mguney14 2 роки тому +1

    Thank you it's a great video!!!!
    How i can see that MAGD indicator ? What program you use to see it ? And also adjusting the timeframes and editing the graph, thank you

    • @ndumisoradebe5256
      @ndumisoradebe5256 2 роки тому +3

      He is using the tradingview platform. By the way, it's MACD not MAGD.

    • @sagtravels
      @sagtravels 2 роки тому

      @@ndumisoradebe5256 i

  • @erichanson7261
    @erichanson7261 2 роки тому +4

    Maybe you said this and I missed it, but what time frames are you using for the MACD? I'm new to trading and when I've done some day trading I have sold to soon because I get paranoid its going to reverse on me and I will miss my profits. I've been trading on the crypto side. I think this will help me for when I do any day trading in the future to not panic to early. I have really enjoyed the your videos I've watched. I can understand what your explaining.

    • @bob3637
      @bob3637 Рік тому

      Hes on the 4 hour time frame

    • @danger9003
      @danger9003 Рік тому

      Are you still trading mate?

    • @erichanson7261
      @erichanson7261 Рік тому

      @danger9003 yes. A little. Mostly swing trades. I watch the charts every day.

    • @Irland_mindset
      @Irland_mindset Рік тому

      ​@@erichanson7261life is really funny. Today I am a complete beginner and you the beginner of previous year is my senior with a higher level.😂 Btw glad to see that you are still in the adventure cuz Trading is not joke 😂

  • @johng6865
    @johng6865 2 роки тому +2

    Thanks brother🎉

  • @mapalokaunda800
    @mapalokaunda800 2 роки тому +1

    Why is the macd is on metatrader5 a single line only?