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MACD – The Traders Secret Weapon

MACD – The Traders Secret Weapon

Wednesday, April 4, 2018

Expert: Alan Greenwald
Hosted by: TradeTime
  • Forex
  • Cryptocurrency
  • CFD
  • Technical Analysis
  • Intermediate
MACD is one of the most popular and reliable indicators for trading. M.A.C.D. is abbreviation for Moving Average Convergence Divergence. It is fairly easy to learn and add into your trading plan to make great decisions.

This indicator involves plotting two momentum lines. The MACD line is the difference between two exponential moving averages and the signal or trigger line, which is an exponential moving average of the difference. If the MACD and trigger lines cross, then this is taken as a signal that a change in the trend is likely.

MACD is placed at the bottom of the trading chart, under the price chart. The Moving Average Convergence Divergence is a relatively easy-to-use tool; however, it is crucial to understand it fully before attempting to trade using its signals. You can trade effectively by using MACD in combination with price action analysis.

In this class we will use the charts on the TraderPro platform to set up MACD.
Be aware trading carries risk and not all strategies or rules work the same every time or have the same results for each trader. You should always understand your risks

Alan Greenwald
Alan holds an MBA in Economics from the University of Pennsylvania. has been trading the Commodities and Futures market for over 15 years. Over the years, he’s established a trading strategy that is designed to steadily provide profits. Traders from across the globe are familiar with his expert mentoring and the achievement level of those learners has been extremely great. Mr. Greenwald is able to help newbies or more experienced traders looking to for an expert’s input in their trading strategy.
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