In this video, Joe Rabil gives an in-depth description of MACD and ADX and the calculation of each. He also explains the difference between 1st derivative and 2nd derivative indicators and the important distinction between the two. In addition, Joe shows how ADX and MACD can compliment one another. The Technical Analysis that he teaches uses simple momentum indicators like the MACD and ADX to analyse and predict trends or trend changes using divergence and overbought/oversold readings. Joe is a recognized expert on Trend, Trend Momentum, and Multiple Time Frame Analysis.
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