Archive for the ‘Technical Indicator Explained’ Category

MOVING AVERAGE CONVERGENCE DIVERGENCE (MACD)

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According to John Murphy, MACD is an Oscillator. MACD is calculated by subtracting the value of a 26 day (.075) exponential moving average from a 12 day (.15) exponential moving average. A 9 day exponential moving average (trigger line) is imposed on top of the above difference in a MACD chart.   Before interpreting MACD, […]

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