NIFTY 5 DAY 5 MIN:MACD( MOVING AVERAGE CONVERGENCE DIVERGENCE): MACD HAD GIVEN 2 TRADE SIGNALS
GO SHORT: WHEN MACD SIGNAL LINE GAVE A NEGATIVE CROSSOVER AT 4837 AFTER WHICH NF MAD A DAY LOW OF 4692
* THE CROSSOVER WAS ABOVE ZERO LINE
GO LONG : WHEN MACD LINE GAVE POSITIVE CROSSOVER AT 4733 AFTER WHICH NF REACHED 4752
WHAT IS MACD??
YOU CAN VISIT THIS WEBSITE :
http://www.tradingonlinemarkets.com/Articles/Technical_Analysis/MACD_Indicator.htm
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