Moving Average Convergence-Divergence (MACD) is the basic Forex indicator.

Moving Average Convergence-Divergence (MACD) is the basic Forex indicator. The beginners of forex should leave fancy methods with scientifically sound names such as Neural Networks or Fourier Transform and look into the basics such as smoothed averages, patterns, simple strategies. This indicator is one of them and it will certainly help. Easy to understand and use and what is very important, easy to modify by yourself.

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