Technical analysis contains numerous indicators, many of which traders use daily in the financial markets. Few, however, attain the popularity of the Moving Average Convergence Divergence (MACD). Developed in the late 1970s by a gentleman who goes by the name of Gerald Appel, the MACD is primarily defined as a price momentum oscillator, although often … Continue reading Interpret the MACD Indicator Like a Professional: An Introduction
Nowadays, popular trading platforms offer in excess of 100 indicators. You could say you are almost spoilt for choice. The mammoth selection, however, tends to be detrimental, often leaving traders overwhelmed, particularly those in the earlier junctures of their journey. Fortunately, a handful of indicators have stood the test of time. Including, but certainly not … Continue reading Relative Strength Index: How to Trade Using the RSI Indicator
Technical analysis requires the use of various tools, and is often associated with the application of indicators. The award-winning MetaTrader 4 (MT4) platform offers an extensive selection of technical indicators. It is one of the most popular trading platforms for forex traders, owing to its ease of use, generous features and automated trading ability. What’s … Continue reading An Introduction to MetaTrader 4 Indicators
