MACD Trading Strategy Summary
Summary:
The MACD indicator is one of the most widely and oftenly 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 cross-overs.
MACD indicator plots the divergence & convergence of moving averages & is constructed using moving average analysis. MA Convergence/Divergence is a trend-following indicator. It indicates the correlation between 2 moving averages.