MACD System Summary
Summary:
MACD indicator is one of the most widely & often used indicators available. MACD indicator is a momentum oscillator with some trend following tendencies.
MACD indicator is one of the most liked indicators used in technical analysis to generate signals using cross-overs.
MACD indicator plots the divergence and convergence of moving averages & is constructed using moving average analysis. Moving Average Convergence/Divergence is a trend following indicator. MACD reflects the correlation between 2 MAs.
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