MACD System Summary
Summary:
MACD indicator is one of the most widely and commonly used technical indicators available. MACD indicator is a momentum oscillator with some trend following characteristics.
MACD indicator is one of the most popular indicators used in technical analysis to generate signals using crossovers.
MACD indicator plots the divergence & convergence of moving averages & is constructed using moving average analysis. MA Moving Average Convergence/Divergence is a trend-following indicator. MACD indicates the correlation between two moving averages.