MACD Indicator MT4 Default Setup Explained
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MACD indicator a.k.a Moving Average Convergence Divergence is one of the most widely used indicators in Forex trading.We all know the 2 line MACD indicator. However, this is not the indicator that is included in the most used Forex trading platform for retail trading – MetaTrader 4. This is why we decided to build a video that explains the default MT4 MACD indicator settings for day trading.
This video will teach you what is MACD indicator, how it is calculated and what signals occur as a result of this indicator, and how to use them. Learn about this tool and build your own MACD indicator strategy.
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DISCLAIMER: This video has educational purposes; if you choose to replicate any strategy or setup in a live account, it would be under your own risk