MACD Forex Trading Strategy Summary

Summary:

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

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

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.