How to use
MACD itself is a powerful indicator and can be used in many different ways.
- MACD Divergence is one of the most famous and strongest trading signals that MACD generates. MACD Divergence forms when the price goes up and makes higher highs and at the same time, MACD bars go down and make lower highs. The rule says, the price will finally follow the MACD direction and will go down.
- Moving average crossover signal - a buy signal is generated when the MACD (green line) crosses above the zero line.
- MACD Buy Signal - a buy signal is generated when the MACD (green line) crosses above the MACD Signal Line (violet line).
- Customize all MACD parameters. Tune and optimize to find the winning parameters.