Search Books

MACD Trading Indicator - Follow the trend & where trends possibly start and stop (Trend Following Mentor)

Author Andrew Abraham
Publisher Trend Following Mentor
📄 Viewing lite version Full site ›
🌎 Shop on Amazon — choose country
Price not listed
🛒 Buy New on Amazon 🇺🇸
Share:
Book Details
ISBN / ASINB00AWDT1XC
ISBN-13978B00AWDT1X1
Sales Rank555,550
MarketplaceUnited States 🇺🇸

Description

The MACD indicator has to be one of the most powerful as well as predictive indicators. It is one of the simplest and most effective indicators used in trend following & momentum. Gerald Appel developed the concept of the MACD (Moving Average Convergence Divergence) in the late 1970s. The MACD is based on taking two moving averages and subtracting the longer one from the shorter one. The difference between the two moving averages becomes a histogram which fluctuates above and below the zero line as well as signal line. In this short ebook you will learn the many uses of the MACD tool. You will learn how to use it as a trend following tool as well as possibly more importantly a momentum tool which shows quit often when trends are ending.