MACD Strategy Summary
Summary:
The MACD is one of the most widely and oftenly used forex indicators available. MACD is a momentum oscillator with some forex trend following characteristics.
MACD is one of the most popular/liked indicators used in forex analysis to generate forex trading signals using cross overs.
MACD plots the divergence & convergence of moving averages & is constructed using moving average Moving Average MA analysis. Moving Average Convergence/Divergence is a trend following forex indicator. It shows the correlation between 2 MAs.
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