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