Understanding MACD

by Gerald Appel, Edward Dobson

Are You an MACD Expert Yet? If not, you can be soon! Our latest publication is the definitive reference on this widely followed yet little understood technical indicator. MACD (Moving Average Convergence-Divergence) is a highly effective and practical trend-following indicator which is widely available on most technical analysis software programs. Traders and investors with this indicator at their disposal would be well advised to learn as much as they can about it and how to use it to improve their trade timing and selection. This comprehensive guide to MACD is a one-of-a-kind one-stop reference that will prove a valuable addition your trading library. It includes a bullet point summary overview of MACD, a detailed bibliography detailing all known references and articles relating to MACD, with annotation showing unique points covered in each source, and a major research report on MACD written by and originally published by Gerald Appel (and priced at $50 for this report alone). This report, written by the originator of this indicator, is the most definitive and in-depth material available on MACD. It alone is worth far more than the modest price of this booklet.

45 pages, Paperback

Published December 1, 2008

Reviews

[Greg · Rating 3 out of 5]

The introduction really oversells this book. The meat of the book can be summed up in a paragraph or two and then there are about fifty pages of charts that have an awful lot of false breakouts shown in them. I guess that's better than the cherry picked charts of most trading books.

On the plus side is some interesting points about using different settings for long vs short entries and there was a small comment on using trend lines in the MACD that I think could be extrapolated for some interesting results.

I guess I was expecting something more in depth into the indicator, more along the lines of John Bollinger's book on Bollinger Bands.

[Greg Buckmaster · Rating 5 out of 5]

Good detail on multiple scenarios when to use different settings based on the current trend. Gerald Appel goes straight to the point and very little space is wasted. Study each page in depth and don't just read it. There is a lot of information on each chart to be used to fully appreciate this indicator.

[Phkhong]

nice