MACD(Moving Average Convergence Divergence): Understanding the Basics, Using it for Technical Analysis, and Limitations and Criticisms
Introduction MACD(Moving Average Convergence Divergence) is a popular technical analysis indicator used to identify trends and potential trend reversals in financial markets. Developed by Gerald Appel in the 1970s, MACD has become a staple in many traders’ toolkits. In this article, we will explore the basics of MACD, including how it works, how it can … Read more