The Moving Average Convergence / Divergence (MACD) is perhaps one of the most well recognised, simple and effective momentum and trend indicators. This indicators converts two exponential moving averages into a centred momentum oscillator by subtracting the longer-term moving average from the short-term moving average.
Technical Indicators: Moving Average Convergence/Divergence (MACD)
Last update - 29 August 2019
By Rivkin