Indicators of MACD:
1. Crossovers - when the MACD falls below the signal line, it is a bearish signal, which indicates that it may be time to sell. Conversely, when the MACD rises above the signal line, the indicator gives a bullish signal.
2. Divergence - When the security price diverges from the MACD. It signals the end of the current trend.
MACD can combined use with Fibonacci retracement. See example below:

No comments:
Post a Comment