On your trading platform like metatrader 4, the MACD technical indicator was made use EMA 26 and 12 EMA, The Moving Average Convergence Divergence is a technical indicator which we can apply any MA trend indicator that matches your trading style and back test good on your trading. A complete Moving Average Convergence Divergence Indicator, as you can see in this picture, contains
- an MA indicator line
- a trigger line (commonly a MA trend technical indicator)
- The arrow market in picture describe where we can open trading position, or bullish and bearish trading signals
Short trading with MACD technical indicator
Bearish : we can open buy trading position, when the Moving Average Convergence Divergence, the MACD technical indicator line cross below the trigger line.
Long trading with MACd technical indicator
Bullish : open buy trading position when in the Moving average convergence divergence, MACD indicator line cross above the trigger line.
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