One of the key principals of the technical analysis says that price often lies but the momentum tells the truth. The same way as professional poker players play with partners not with card, professional traders make their decisions based on the momentum not the price. A trading system based on momentum can become an invaluable tool for trading in Forex. However traders often have a question what momentum model to use in trading system. In this post I would like to describe the way of designing simple and effective trading system using the Moving Average Convergence Divergence (MACD).













