MACD

The speaker receives a question from a viewer and discusses how to practically use this indicator.  He suggests that he does not use MACD crossover signals, but rather, uses MACD divergences to spot changes in trend. 

The speaker discusses one of the most important uses of the MACD.  He uses the MACD histogram to illustrate an example of a MACD divergence.  Divergences exists when price is trending higher and the MACD is trending lower over time.  You can use this indicator to spot potential changes in trends.

The speaker discussing the practical application of the MACD through MACD crossovers and MACD divergences in the forex markets.  He talks about how to uncover major support and resistance ares and then covers how to use the MACD with trend lines and other indicators such as the RSI, or relative strength index.