Moving Average Convergence Divergence - MACD - The Worlds Best Indicator

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