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Understanding and Using MACD

What is MACD (Moving Average Convergence/Divergence) trend? How does it work and what are the advantages and shortcomings of using it. What are some of the pitfalls investors should avoid when using the MACD?



Member advice on Understanding and Using MACD  
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by Invest_it_all
Apr 04 '00 MACD
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Very Helpful

by gjacks
Apr 05 '00 Useful, if used wisely!
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Very Helpful

by trader76
Jul 29 '00 For the day trader:
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