Don't Use the MACD Indicator Until You Read This | BinaryOptions.net

System

Don't Use the MACD Indicator Until You Read This | BinaryOptions.net

The MACD has lots of uses, and one of them is divergence - one of the most misunderstood technical signals there is. Don't trade divergence until you read this.

Read the full story here

mifune

Good post and good lesson. I'm not a MACD guy at all, but many do try to use it as a trading signal when the crossover occurs along with another technical indicator (or more than one) -- e.g., like if the parabolic SAR flips at the same time.

Many thanks for sharing your knowledge on this topic.

Cory_Mitchell_CMT

Forgot to upload charts for this one. Have been put in now, so article should be a bit more clear with some chart examples.

Tripack

Can't agree more here. Divergence is a great tool, but it's just a tool, nice post.