Simple Traditional MACD
- Indicators
- JOSHI PARTH TRYAMBAK Joshi
- Version: 3.0
- Updated: 29 May 2020
- Activations: 10
One
of the most popular methods of Technical Analysis is the MACD, Moving Average Convergence Divergence, indicator. The MACD uses
three exponentially smoothed averages to identify a trend reversal or a continuation of a trend. The indicator, which was developed by Gerald
Appel in 1979, reduces to two averages. The first, called the MACD1 indicator, is the difference between two
exponential averages, usually a 26-day and a 12-day average.