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FREE DOWNLOAD “Forex MACD Divergence MT4 Trading Indicator & Template” – Trading divergence is a classic way in which the MACD histogram is used.
Trading NOTES
- DOWNLOAD these NON-REPAINT Tools For Making The Perfect Trade Entry (the best trading tools all traders MUST HAVE)
- Use a demo account or a small live account first to practice this trading system
One of the most common setups is to find chart points at which price makes a new swing high or a new swing low, but the MACD histogram does not, indicating a divergence between price and momentum.
EURUSD MACD Divergence
GBPUSD MACD Divergence
USDJPY MACD Divergence
GBPJPY MACD Divergence
Trading NOTES
MACD divergence is a good tool for spotting reversals. But you still need confirmation tools like RSI to catch trade signals more accurately.
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