Here's the
setup for a recent trading opportunity in Feeder Cattle :
This trade
was executed using the MACD technical indicator. The MACD Indicator
was created by Gerald Appel in an attempt to determine the strength
of a trend along with the direction of that trend.
Gerald Appel
created a system that looked at two exponential moving
averages and the difference between those two averages.
Looking at these moving averages of the market we are able
to see
clear buy and sell signals.
Also by looking at an average of the difference in the two
moving averages we are able to get a
more accurate
signal.