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David Waring · 02-16-2009, 09:52 AM

Hi Forexer,

Glad to hear from you.

The MACD can be used in both ranging and trending markets, although generally I think most traders use it more in trending markets than ranging. It is both a momentum indicator and an Oscillator.

Hope that helps.

Best Regards,
Dave

02-16-2009, 09:52 AM	#7 (permalink)
David Waring InformedTrades Founder Community Host Badges About Assets Total Awards: 4 Join Date: Nov 2007 Location: Miami, FL Posts: 5,633 InformedPoints: 0.13	Hi Forexer, Glad to hear from you. The MACD can be used in both ranging and trending markets, although generally I think most traders use it more in trending markets than ranging. It is both a momentum indicator and an Oscillator. Hope that helps. Best Regards, Dave __________________ My Free Courses: Forex Course - Stock Course - Futures Course - Basics of Trading - Subprime Crisis - Prorealtime Charts Disclaimer: Trading is risky and can result in substantial financial loss. As always my posts are simply one traders opinion and should not be taken as trading advice. I am not a financial adviser so everyone please do their own analysis and take responsibility for their own trades.