EuroX2_sl_v1.2 | free forex signal, Metatrader expert advisor, programming expert advisor services provided by AutoTradingFx.com

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How to read MACD?

Submitted by admin on February 23, 2008 - 13:24.

How to read MACD?
MACD stands for Moving Average Convergence Divergence. This technique is one of the most often used by the different simulator software as performing the technical analysis of stock trend using this method is easy and very straightforward

EuroX2_sl_v1.2

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Developer:

Alejandro Galindo

Date Added:

July 10, 2008

From the Author:
This 10Points3 version has the ability to get the MACD indicator data from the TimeFrame indicated on the parameter MACDTimeFrame.
We can attach this EA to 1 Minute chart and get the 1 Hour MACD data so we trade in the long trend direction, this reduces the risk of be in the wrong market side.

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Risk Warning : Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

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