Today we will review a simple MACD strategy for trending markets ... One of easiest ways to find the trend is through the drawing of a trendline. Traders can connect the lows in an uptrend ...

You can also draw trendlines on the indicators, such as the two-line MACD. Drawing support and resistance levels creates a channel of action that offers a clearer picture of the trend's momentum.

Drawing a support and a resistance level ... One can use trend lines as well on MACD, and trend line breakouts can justify as a buy signal too. Figure3. MACD Indicator Buy & Sell Signals Signal ...

A trend line sat neatly across the top of the weeks ended April 13, 2012, May 4, 2012 and April 12, 2013. That set out a buy point near 740, a level the stock cracked in rising trade on May 9 and ...

This MACD line is much closer to this compared to the Fibonacci trendline. Is this a more reliable indicator for market entries than the Fibonacci trendline? I think it might be best to use this ...