Our discussion of MACD covers many areas. First, we review the underlying concepts and construction of the MACD indicator. The charts reviewed represent varying periods of market history, varying periods of time, various MACD combinations, and varying market climates. You will receive suggestions on the best buying, holding, and selling MACD patterns; how to establish stop-loss orders; and, of course, how to apply MACD in synergy with other market tools that you have learned. Although our discussions focus on MACD in particular, the concepts involved are almost certainly applicable to other measures of market momentum as well.