The Moving Average Convergence Divergence (MACD) Defined
Anyone with any experience in the forex markets and in technical analysis strategies has likely heard a great deal about the Moving Average Convergence Divergence (MACD). But what exactly does the MACD tell us -- and how is it calculated? Without an understanding of these areas, it can be difficult to see trading signals as they emerge. Here, will deconstruct the MACD indicator and explain how and why it is commonly used.
“In its most basic form,” said Haris Constantinou, markets analyst at TeleTrade, “the MACD is a momentum indicator that is designed to fo
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