Re: What is MACD(Moving Average Convergence Divergence)? How to use it?
Similarly to RSI, the MACD simply doesn't work. Well to be totally fair, the RSI does work in very rare instances but you really have to know what you are doing and have a very specific strategy set in mind. You can actually check the charts for yourselves and see how the MACD and RSI can get overextended and still nothing happens for days, even weeks.
RSI for me is easily understood than MACD. MACD looks like a more confusing indica,tor and also a lagging one. You have to be an expert to be able to interpret and use it. I only succeeded in delisting it from trading tools
