Indicators
Movering Average Convergence Divergence (MACD)
What is it?
MACD is a momentum indicator that shows the relationship between two EMAs, helping you spot changes in trend strength or direction. It’s like a speedometer for price momentum.
How is it used?
- Crossovers: MACD Line crossing above the Signal Line is a buy signal; crossing below is a sell.
- Divergence: If price makes new highs/lows but MACD doesn’t, it may signal a reversal.
- Trend strength: A widening histogram indicates strong momentum.
How is it calculated?
- MACD Line: 12-period EMA - 26-period EMA.
- Signal Line: 9-period EMA of the MACD Line.
- Histogram: MACD Line - Signal Line.
MACD Line = EMA12 - EMA26
Signal Line = EMA9(MACD Line)
Histogram = MACD Line - Signal Line
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