Lesson 4 of 4
In Progress

Task: MACD (25)

Phillip Konchar

Now it’s your turn. At this point of the course we have set a task to reinforce what we’ve shown you. This task will require you to use a charting package to carry out the exercise. You can set up a free practice trading account with access to charts here.

Goal: To add MACD and get comfortable with divergences.

Exercise: Add the MACD indicator to a daily chart of any security. Look back and identify the bullish signal line crossovers. Then, find the centre line crossovers. After that, see if you can spot any divergence between MACD and the price occurring. What does each tell you about price?

Difficulty: 2/3

Time to complete: 25 minutes

Solution….don’t press play until you’ve done your bit:

 

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