Moving Average Convergence Divergence (MACD)
Created by Gerald Appel
It was designed in order to reveal changes in the direction, strength, momentum, and duration of a trend in a stock’s price
It is a trend-following momentum indicator which shows the relationship between two moving averages of a stock’s price
As the name suggests, MACD is all about the...
SNAP is showing a nice example, how the ForkTrading can catch the markets path.
Not only are the Forks a great way to identify the highly potential trend continuation, but also catching the "frequency" of the markets.
Watch this chart closely and observe your thoughts ;-)
Happy new week to all
P!
