Jason
Please see attached a snap shot of the Euro USD 30 min chart, with FXCM 24 hour trend locator and the MACD graph below. Looking at 30min MACD it appears negative with MACD below the line heading down and the MACD crossed beneath the blue signal line. However, the FXCM in top right states that 30min MACD is positive. I note I have only used defaults when attaching MACD graph.
Can you explain why the indicator and 24 hour trend locator are saying different things.
Regards
Please see attached a snap shot of the Euro USD 30 min chart, with FXCM 24 hour trend locator and the MACD graph below. Looking at 30min MACD it appears negative with MACD below the line heading down and the MACD crossed beneath the blue signal line. However, the FXCM in top right states that 30min MACD is positive. I note I have only used defaults when attaching MACD graph.
Can you explain why the indicator and 24 hour trend locator are saying different things.
Regards
Attached Image