Forex Limitations of MACD Indicator

The MACD indicator is considered to work best in trending markets. This limits its use for traders depending on their trading strategies. For example, range bound/consolidating markets will generally give flawed signals when using the MACD. This apparently why novice traders may find this indicator difficult to use initially, which is why going through basic moving average and EMA fundamentals will benefit traders who are looking to make use of the MACD indicator.