[pcabc]

MACD of Stage 2 & 4

I've found that MACD signal line cross overs of the MACD of the Stage 2 and Stage 4 plots tend to align with highs and lows in the index.  The chart below shows crossovers that generally align with lows in the index.  The exceptions are a few cases near the high in the index.  A similar exercise would work for highs by picking the opposite MACD signal line crossovers.  

   

I did try plotting the Stages against their MAs. However, owing to the noisy nature of the unsmothed data I found that the MA had to be longer to avoid too many crossovers and this caused it to be late.  The smoothing required produce a MACD seems to solve this issue.