MACD Strategy Summary

Summary:

The MACD indicator is one of the most widely and oftenly used forex indicators available. MACD is a momentum oscillator with some forex trend following characteristics.

MACD indicator is one of the most popular indicators used in forex analysis to generate forex trading signals using cross overs.

MACD indicator plots the divergence & convergence of moving averages & is constructed using moving average analysis. Moving Average Convergence/Divergence is a trend-following forex indicator. It indicates the correlation between 2 moving averages.