Trader666

Give credit where credit is due... Brownsfan019 (the OP) alerted people to a method that actually has merit but then steve46 started putting out misinformation about it out of ignorance and a personal agenda. That's the real problem... let's not pretend it's anything else.

My suggestion for anyone wondering about SPM is to check out the original threads because this method does have merit from my tests on 1500 stocks from 2000 -- 2008. Not only will it help you get a feel for price action which will improve your real-time results over the mechanical results by adding seasoned judgment, you'll eventually make it your own by adding a filter or some other tweak to even further improve your trading. Check it out and see for yourself... steve46 has absolutely NO IDEA what he's talking about, either with respect to SPM or MACD as I showed on page 3 of this thread with excerpts from his own posts.

Not even close "Tams."

Oh please steve46... first you said SPM was a "simple MACD crossover" (it is NOT), then you showed you don't understand MACD by writing the signal line crosses zero before the MACD line (it does NOT) and now you're trying to obfuscate your ignorance with a post from SPM (that's NOT what you were writing about before). Do you really think you're fooling anyone?

steve46, this is NOT what it's about at all... but you were never one to let facts get in the way of your opinions. you obviously don't even understand basic MACD let alone SPM. The "signal line" is a 9 period moving average of the MACD line and as such lags the MACD line. Spelling that out for you, this means it will cross the zero line before the signal line does, not after it.