/biz/ - Business & Finance

>>7062200
Not really, it' can't really predict anything since it's a lagging indicator, but it does show you shifts in momentum. I don't really use the MACD alone, it's more to confirm other indicators.

Here's a good example. Empty bars mean that the momentum is growing, filled bars means it's slowing. 1 bar can often be a fluke, but 2 a pretty good indicator for a change in direction. In this case the 2 filled bars were a good indicator of when to exit the trade.