MACD

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MACD

One of the most popular technical indicators in Forex trading. This indicator is used to determine the strength and direction of the trend. In addition, MACD is used to indicate a trend reversal points. Presented indicator is based on the indicator "moving averages". At the current time there are two types of indicator MACD: linear MACD and MACD histogram.

To learn more about this Indicator you can here:

http://en.wikipedia.org/wiki/MACD

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