"The intelligent investor is likely to need considerable will power to keep from following the crowd."
-- Benjamin Graham, Author, Investor.
I've written several articles on my use of the stock market indicator Moving Average Convergence Divergence (MACD). It's one of my favorite momentum indicators. In my articles I discuss how and why I use this indicator but when it comes to actually explaining what it is and how it functions I generally refer to the website StockCharts.com. That site does a wonderful job at explaining in writing exactly what the MACD is and what it does. I realize, however, that sometimes when I'm reading something very technical that it just doesn't sink in very well. It is at those times that I wish I had a visual explanation. I found these tutorials produced by PerfectStockAlert.com that do an excellent job of explaining these difficult concepts.
The videos below are a two part explanation of the MACD. The first tutorial explains all the parts that make up the indicator. The second part explains how I trade using the indicator. I think they present an outstanding explanation of how this one indicator improves my success at trading.
As I've pointed out before I never trade based on only one indicator. I use several momentum indicators and oscillators for confirmation before I put my hard earned money to work.
Hopefully you will find these videos worth your time.
-- Benjamin Graham, Author, Investor.
I've written several articles on my use of the stock market indicator Moving Average Convergence Divergence (MACD). It's one of my favorite momentum indicators. In my articles I discuss how and why I use this indicator but when it comes to actually explaining what it is and how it functions I generally refer to the website StockCharts.com. That site does a wonderful job at explaining in writing exactly what the MACD is and what it does. I realize, however, that sometimes when I'm reading something very technical that it just doesn't sink in very well. It is at those times that I wish I had a visual explanation. I found these tutorials produced by PerfectStockAlert.com that do an excellent job of explaining these difficult concepts.
The videos below are a two part explanation of the MACD. The first tutorial explains all the parts that make up the indicator. The second part explains how I trade using the indicator. I think they present an outstanding explanation of how this one indicator improves my success at trading.
As I've pointed out before I never trade based on only one indicator. I use several momentum indicators and oscillators for confirmation before I put my hard earned money to work.
Hopefully you will find these videos worth your time.
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