Excellent, simple explanation of how the MACD is derived. Thanks for posting this on Youtube.
Even though MACD is a lagging indicator that sometimes gives false signals, it is still my most useful indicator combined with a 30 period moving average and a 200 period moving average.
If there is a better indicator of buy and sell signals I'd sure like to know.
the crucial point is: "above the 0-Line".
Then in my opinion it is easy to follow and handle.
But one has to have pacience to find this crossing the 0-Line.
Garfield7250 1 year ago
Excellent, simple explanation of how the MACD is derived. Thanks for posting this on Youtube.
Even though MACD is a lagging indicator that sometimes gives false signals, it is still my most useful indicator combined with a 30 period moving average and a 200 period moving average.
If there is a better indicator of buy and sell signals I'd sure like to know.
platinumplusenter 2 years ago