Mastering MACD: Unlocking the Secrets of Trend Identification
The Moving Average Convergence Divergence (MACD) is an advanced trend identification indicator that provides insights into the strength and direction of a trend. Developed by Gerald Appel, MACD is based on the relationship between two moving averages—typically the 12-day and 26-day exponential moving averages (EMAs). The indicator consists of the MACD line, the signal line…