MACD - Analysis of weaknesses of the most powerful technical analysis tool
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References
APPEL, G. (1979) The Moving Average Convergence Divergence Method, Great Neck, NY: Signalert
DHARAMVEER, D. (2014) Technical Analysis of Indian Forex Market, GE-International Journal of Management Research, p. 4-6.
Edwards R.; Magee J. (2007) Technical Analysis of Stock Trends, AMACOM, p. 36-54.
MURPHY, J. (2004) Intermarket Analysis - Profiting from Global Markets, Wiley Trading
NISON, S. (2001) Japanese Candlestick Charting Techniques, Prentice Hall, p. 81-108.
PRADIPBHAI, N. (2013) Comparison Between Exponential Moving Average Based MACD with Simple Moving Average MACD of Technical Analysis, International Journal of Scientific Research, p. 6-14.
PRING, M. (1995) Investment Psychology Explained, Wiley, p. 45-63.
SHANNON, B. (2008) Technical Analysis Using Multiple Timeframes, LifeVest Publishing Inc., p. 90-108
STOFT, S. (2002) Power System Economics, Wiley/InterScience, p. 54-63.
SOURCE OF GRAPHS: http://bigcharts.marketwatch.com