Watch Technical Analysis - MACD Price and Momentum Indicator

The MACD indicator is a price based Momentum indicator. It is an old and established indicator, and generally works well for longer timeframes, so must be used in trades lasting a few months at least. The insightful part of the MACD is the color coded Histogram, which clarly shows the momentum building up, both in up moves as well as down moves. The dark colors represent the best opportunities