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How To Use MACD
MACD (Pronounced Mac-Dee) is the short abbreviation for the moving average convergence/divergence technical indicator. The MACD is a trading indicator used in technical analysis to filter and trade the momentum of price action on a chart.
It was created by the late Gerald Appel in the late 1970s as a tool for technical analysts. It was created to visually show changes in price strength, direction, momentum, and duration for trends and swings in price action on a chart.Â
The MACD is a simple v
It was created by the late Gerald Appel in the late 1970s as a tool for technical analysts. It was created to visually show changes in price strength, direction, momentum, and duration for trends and swings in price action on a chart.Â
The MACD is a simple v
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