This class will give you a brief introduction about the MACD indicator. You’ll learn how to read a MACD indicator as well as how to trade with the MACD indicator using live trade examples.
One of the most important aspects of Forex trading is identifying a promising trend. You need to find the best indicator that helps you find potential trends, while also providing an opportunity for good returns. MACD signals are most accurate and reliable when used in conjunction with other technical analysis tools. Get an understanding of the use of this indicator today and gain another fundamental skill for trading forex at the end of the class.
The Moving Average Convergence Divergence (MACD) is considered one of the most popular momentum indicators used by Forex traders worldwide. Forex traders use the MACD to determine when to enter and exit trades depending on whether the market is bullish or bearish.