| Moving Average Convergence Divergence (MACD) in Forex Trading
September 14, 2009 at 11:05 am
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| | The Moving average convergence divergence (MACD) indicator was created by Gerald Appel in 1960. MACD is a momentum indicator and considered a valuable tool for any forex trader. MACD essentially indicates the correlation between the prices of two different moving averages of say two different forex contracts. | | |  |
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