The MACD is two moving averages that are produced using exponential smoothing, and their difference is the MACD value. This is further smoothed to give a signal line which is again smoothed. The trend of the MACD pattern is often a leading indicator of price change. Here is an example of the MACD changing before price changes. As in the stochastic example, you can see the MACD is a leading indicator of price change.
 Here is an example of the MACD turning down before price.  Price fell 26% in 29 trading days. CHART SETUP FOR THE MACD
Put the MACD on your chart. As with the stochastic inputs you need to change the MACD inputs as follows: Fast Length : 4 Slow Length : 8 MACD Length : 3 Then under the section where you can change the color, blackout the MACD, change the MACDAvg to a color such as yellow or purple (but not the same color you made the stochastic) and blackout the MACDDiff as you did with the %K in the stochastic. Apply to your screen below the price bars as in the above examples. Your screen should now look like this:   Labels: macd
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