MACD Basics: The Moving Average Convergence Divergence Explained
The Moving Average Convergence Divergence (MACD) is a momentum-trend indicator developed by Gerald Appel in 1979. It measures the relationship between two exponential moving averages of price, plotted as a line along with a signal line and histogram. MACD works in two modes: short-term crossovers between the MACD and signal lines, and longer-term regime changes … Read more