Momentum is one of the most important concepts use to generate strategies by professional traders. As momentum accelerates the price of an asset can break out or break down, signally to traders ...

Moving Average Convergence Divergence (MACD) is a powerful indicator, serving as a vital tool for traders looking to gauge market momentum and signal potential entry and exit points.

My analysis indicated that by identifying divergences between the MACD-His and price action, reliable signals were generated ahead of those from the MACD and signal line crossings.

Learn how to use the MACD indicator in technical analysis. Get some practical tips on how it works for more successful trading.

This view is consistent with the fact that the MACD-His has declined over the past two days. Given the positive monthly analysis, the major trend still points towards higher yields.

According to statistical analysis, we should be roughly 78% sure that our final performance is totally random. In other words, the MACD strategy applied indiscriminately does not work.