MACD is an acronym for Moving Average Convergence Divergence. This indicator is a tool that’s used to identify moving averages that are indicating a new trend, whether it’s bullish or bearish. After all, our top priority in trading is being able to find a trend, because that is where the most        

This trading strategy works as :

• The MACD is one of the most popular indicators which are used by traders to determine the trend.
• The MACD consists of two lines, the faster moving and the slower moving line.
• It’s an uptrend when the faster moving line crosses the slower moving line to the upside, so you can go for a long position.
• It’s a downtrend when the faster moving line crosses slower moving line to the downside, so you can go for a short position.

Timeframes :  Any

Instrument :You can use this strategy for any Instruments.

Indicators :  MACD

Trading Rules :

• Crossing of MACD is must.           
• Depending on the trend place a buy stop or sell stop order.
• Place stop loss away from your trade entry point to avoid getting prematurely stopped out.
• Wait for the opposite signal to exit the trade. For example, if you were in a sell trade, then wait for a buy signal and when that happens, you exit your sell trade and enter a buy trade.

Pros :

• Great in a trending market where you can make huge profits.
•  Easy for beginners to use.

Cons :

• It is lagging strategy, The signals can be late, it means the market has already made a big move and you stopped out.
• False signals will appear during range markets.