MACD absolute value?

[ju1234]

I know that MACD crossover etc is used as a trading signal. Is there an absolute value of the MACD that corelates with a good signal. I see the MACD usually range betweeb -2 to +2 but sometimes as high as +4. Any ideas? Thanks.

[NinjaTrader_Bertrand]

Hi ju1234,

since the MACD measures momentum it depends on the product / instrument you are trading...so I guess there is no global answer to your question.

What you can do is base a strategy on the absolute MACD values and optimize it for your timeframe and symbol to get an idea in which range optimal threshholds are to be found.