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to download user guide - NEXGEN Software Systems

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Macd BB LinesThe Macd BB Lines are an indica<strong>to</strong>r that will offer “insight” in<strong>to</strong> the market’s strengthor weakness. The Macd BB Lines will provide information about the current market,and its expected outcome. This indica<strong>to</strong>r may require the most practice <strong>to</strong> becomeproficient, but once mastered it will be an invaluable <strong>to</strong>ol.Basics of the Macd BB LinesIf the Macd BB Lines are slowing with the bands coming <strong>to</strong>gether, it is indicative ofweakening in the current trend and consolidation or a reversal may take place. Theswing distance on the Macd Bollinger Bands typically indicates momentum of thetrend. If the Macd BBs are moving rapidly in one direction, with very little <strong>to</strong> nopullback, it is a strong move.The distance between the Macd BBs themselves is also a signal that will help you <strong>to</strong>determine the strength of the move. The larger the spacing between the Macd BBs, themore momentum there will be behind the move.8

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