November 2019
Beginner
394 pages
10h 31m
English
The moving average convergence divergence is another in the class of indicators that builds on top of moving averages of prices. We'll refer to it as MACD. This goes a step further than the APO. Let's look at it in greater detail.
The moving average convergence divergence was created by Gerald Appel. It is similar in spirit to an absolute price oscillator in that it establishes the difference between a fast exponential moving average and a slow exponential moving average. However, in the case of MACD, we apply a smoothing exponential moving average to the MACD value itself in order to get the final signal output from the MACD indicator. Optionally, you may also look at the difference between MACD values ...