MACD is one of the most popular indicators for detecting trend and trend strength. It’s used by many traders as signal tool when trend comes.
I like to trade in simple way using MACD series of indicators. Here is example:
1. Once when trend has changed we are searching for right point to enter trade. In this case we wait for small trend retracement.
2. We get trend correction in the point 2, which is great to enter sell trade.
3. In the point 3. we have one more correction great for sell.