MACD is used to identify changes in the strength, direction, momentum and duration of a trend in a asset's price. There have been many other technical indicators that have been developed since, but the MACD has remained a favorite and useful tool by traders over the course of time.

Part of our multimedia library, learn in this video what is MACD in Forex and how to successfully use this popular indicator on your trading strategy.

Learn More MACD is the second most popular trend following indicator used as a basis for several EAs and trading strategies construction. To learn more about this popular indicator, please read our article What is MACD in Forex.