Free Webinar Teaches How to Read the MACD Indicator

April 28, 2010 - PRLog -- BackTesting Report, an educational resource and software provider for investors and traders, today announced that editor Jackie Ann Patterson will be giving an invited presentation at the Worden Brothers Webinar on Tuesday May 4, 2010 at 8pm EST.  This free event is for stock traders and option traders who would like to increase their knowledge of the Moving Average Convergence Divergence (MACD) indicator and StockFinder scans.  

During the webinar, Ms. Patterson will explain the inner workings of the MACD, relating its signals such as MACD Crossover, MACD Histogram, and MACD Divergence.  An innovative StockFinder chart layout called “MACD Rain” highlights the concepts presented.  Live analysis of Exchange Traded Funds (ETFs) leveraging custom StockFinder scans gives attendees a concrete example of how to read the MACD indicator and apply its signals.  The session concludes with Q&A where participants can suggest a stock for analysis.

The public is invited to attend this free presentation via webcast:
What: MACD Rain: How to Choose Among Multiple Signals
When: Tuesday May 4, 2010 at 8pm EST
Where: Watch from your own computer screen
Link to pre-register for webinar: http://www2.gotomeeting.com/register/598256074  

An archive of the event will be posted online afterwards along with a complimentary copy of Ms. Patterson’s custom StockFinder chart “MACD Rain”.  Visit  http://www.macdrain.com for these and other resources to help traders learn how to read the MACD indicator.  

For background information on trading and back testing, see http://www.backtestingblog.com

StockFinder is a registered trademark of Worden Brothers, Inc.  See http://www.stockfinder.com

Disclaimer:  HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS.  UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

# # #

About BackTesting Report: backtestingreport.com offers In-depth research in straightforward reports, multimedia, and software to help individuals and institutions focus on developing winning strategies for various markets including stocks and Exchange Traded Funds (ETFs). BackTesting Report is a division of Own Mountain Trading Company, a private corporation.

Jackie Ann Patterson is the editor of BackTesting Report and founder of Own Mountain Trading Company. She holds a computer engineering degree and programmed in 12 computer languages before graduating from college. Her successful high-tech career spans more than 20 years in a variety of engineering, marketing, and management roles. She has more than 15 years of experience in the stock market, and has won awards in trading competitions. Ms. Patterson likes to apply her skills and expertise to helping people understand trading strategies.