Forex trading mt4 platform Indicator MACD

26
60pips.com

 

The MACD is one of the most popular technical indicators in the Forex world. Developed by Gerald Appel in the 1970s, the MACD is a trend-following momentum indicator which is used to identify short-term over bought and over sold levels. It’s based on the concept of momentum.

 

Today I am going to talk about the MACD forex indicator. The MACD indicator is a very popular technical analysis tool used to spot short-term trading opportunities. The MACD indicator is a great tool for finding short-term trading opportunities in the forex markets.

 

The MACD indicator can be used as a standalone trading system, or it can be combined with other technical analysis tools to enhance trade opportunities.