MACD Divergence Indicator
To trade using the MACD Divergence Indicator, first identify the divergence between the MACD line and the price trend: bullish divergence occurs when the price makes a lower low while the MACD forms a higher low, indicating a potential upturn, while bearish divergence occurs when the price makes a higher high and the MACD forms a lower high, signaling a potential downturn. Look for confirmation through price action and additional indicators before entering a trade. Set stop-loss orders to manage risk, and consider taking profits at predefined levels or when the divergence signal reverses. Additionally, practice this strategy in a demo account to refine your approach before trading with real funds.