Chapter 8. Advanced Moving Average Convergence-Divergence (MACD): The Ultimate Market Timing Indicator?
The Moving Average Convergence-Divergence (MACD) timing model, which I invented during the late 1970s, has become one of the most popular of technical tools, used by short- and longer-term investors in the stock, bond, and other investment markets. It is a featured indicator on virtually every computer-based technical trading program and trading platform.
MACD is an indicator for all seasons. If monthly data is maintained, MACD can be used in the analysis of longer-term trends. It can be applied to somewhat shorter time periods, reflected perhaps by weekly or daily data, in the analysis of intermediate- and shorter-term market trends. It can ...
Get Technical Analysis: Power Tools for Active Investors now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
