What is movement average convergence and divergence?
The MACD is a well-known forex indicator (Movement Average Convergence and Divergence). The primary goal of this indicator is to examine price divergence. While the disguised divergence indicates that the market is still moving in the right direction, the frequent divergence between MACD and price indicates a market reversal. Traders frequently use it as a key indicator when developing a trading strategy. Trading strategies based on various MT4 indicators may be used to enter the trade.
Jun 27, 2022 00:35