Tag: indicator
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What is MACD? How to Read MACD?
Moving Average Convergenc/Divergence ( MACD) indicator is an oscillator technique that uses 2 exponential moving averages. What makes this indicator so useful is that it combines some of the oscillator principles with a dual moving average crossover approach. MACD line is the difference between two exponentially smoothed moving averages of closing prices (usually the last…