Anyone Knows how to read this MACD? What type of MACD is this? | Forex Factory

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Anyone Knows how to read this MACD? What type of MACD is this?

  • #1
  • First Post: Nov 22, 2011 10:38pm Nov 22, 2011 10:38pm
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Anyone knows what the THICK Green and Red line means??

I've installed this MACD and had no idea :/
  • #2
  • Nov 23, 2011 5:06am Nov 23, 2011 5:06am
Quoting jackson905
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Anyone knows what the THICK Green and Red line means??

I've installed this MACD and had no idea :/
The green line is MACD line and the red line is signal line, the blue candle are the difference between those two, and it's like OSMA.
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  • #3
  • Nov 23, 2011 5:50am Nov 23, 2011 5:50am
Quoting jackson905
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Anyone knows what the THICK Green and Red line means??

I've installed this MACD and had no idea :/
Its a "normal" macd...do a google search and find how to interpret this indicator. This is basic stuff man.
  • #4
  • Nov 24, 2011 3:10pm Nov 24, 2011 3:10pm
If you are talking about the red and green trendlines lines that have been drawn on the chart, then I'd say it 'looks like' someone was trying to draw divergence. Not how I would draw it, but that's what it looks like.

Look up bullish / bearish divergence with MACD.
Don't wish it were easier, wish you were better. ~ Jim Rohn
  • #5
  • Dec 2, 2011 8:48am Dec 2, 2011 8:48am
Basic MACD, as for usage, do review some of the online info content on Fx indicators, from fib to MACD and how to use it.
  • #6
  • Dec 2, 2011 10:34pm Dec 2, 2011 10:34pm
2 line macd crossover..

Quoting jackson905
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Anyone knows what the THICK Green and Red line means??

I've installed this MACD and had no idea :/
  • #7
  • Last Post: Dec 3, 2011 8:04pm Dec 3, 2011 8:04pm
It's call Divergence Trading (from babypips ), you can check out here http://www.babypips.com/school/divergence-trading.html

Hope it help.
Keep Simple...!
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