The Markets Compass Technical Tutorials
Chapter Three...MACD, Advanced Applications
Welcome to the eighth edition of The Markets Compass Technical Tutorials (previously titled Friday Technical Tutorials). In “Chapter One…MACD, The Basics”, we walked our readers through the basic construction of Gerald Appel’s Moving Average Convergence-Divergence Indicator or MACD. This technical analysis tool, developed in the late 1970’s, is a trend…