Gerald Appel developed the MACD in the 1970s, and it is one of the most popular indicators in use today. Traders use the MACD for determining trend direction, momentum and potential reversals.
It is used to confirm trades based on other strategies, but it also provides its own trade signals.
Forex MACD Support and Resistance MT4 Indicator
Placed MACD to the chart, with 100 probability. Variant switch.
Variant – 1.
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Variant – 2.