I find the MACD a great indicator but it seems to lag a bit too much. By the time it crosses most of the move has happend (4 hour chart) Any ideas on how to analyse it more effectively?

I am not really an Expert on MACD but why don`t you use a smaller timescale with your 4 hour chart?!
- Maybe somebody else can give us better advice

I`m only trading with the RSI as an indicator - If I want to buy I usually wait till it find support around the 40 line and the resistance is around 70 / 80 then I know it`s a good time to buy then I wait till the resistance move down to 60 and the support break the 40 mark and move down to 30 and then find support around 20 then I will sell again.

Hi Rock,

Go to www.mytradingtools.com
and download the MacD_Primer.pdf file. There ia a wealth of information there which you will enjoy.

Even after reading the file I suggest only using MacD divergence as an indication of a reversal warning and not as an entry rule.


Good trading

You can find full details about MT4 indicators (include MACD) here www.forex.com

You can find full details about MT4 indicators (include MACD) here www.forex-tsd.com