JOSHI PARTH TRYAMBAK Joshi / Vendedor
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![Simple Traditional MACD](https://c.mql5.com/31/411/simple-traditional-macd-logo-200x200-7270.png)
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.