http://www.netpicks.com/tjgiveaway1 - YOUR FREE TRADING SYSTEM
One of the first indicators I ever experimented with was the Moving Average Convergence and Divergence (MACD) indicator.
It was used on a higher time frame to identify the direction to trade on the lower time frame.
Depending on the condition of the indicator, I would also use it to objectively decide if a market was in a state conducive to good trading.
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