MACD was created by Gerald Appel in the late seventies. In his book “understanding MACD (Moving average Convergence Divergence), he further clarified his concept. Today it’s a trading indicator that’s relied upon by many traders. MACD is an oscillating momentum indicator that tries to capture...
Another version of the MACD is the so-called '2-line MACD', which can also be combined with greattrading strategies, which is then sometimes referred to as the 2 MACD trading strategy. The difference is that the default MT4 MACD indicator lacks the fast signal line (instead of showing the...
and controls risks with stop loss mechanism, which can effectively track price trends. But the MACD indicator itself also has some flaws, easy to generate false signals. So there are rooms for further optimization of this strategy, mainly on aspects like indicator parameters, stop loss mechanism,...
When chart-reading, don't fall for false signals. How? Meet the Moving Average Convergence/Divergence Indicator.
Whether to compare indicator to the main series values or indicator values. Defaults to false. Try it Difference between comparing SMA values to the main series and its own values. connectNulls: boolean Since 6.0.0 Whether to connect a graph line across null points, or render a gap between ...
The actual profit and loss of the strategy may not meet expectations. Breaking through the signal line does not necessarily ensure that the medium-term trend has changed. Relying solely on a single technical indicator as a buy signal has a certain blindness, and the timing may not be accu...
When a red blue arrow appears under the candlestick, an UP option is purchased. When red arrows appear, the DOWN option is purchased. the indicator is based on our new development, if there is an order with a large amount that opens in the direction we need, according to the analysis ...
The MACD indicator, short for Moving Average Convergence Divergence, consists of two lines – the MACD line and the signal line – as well as a histogram that represents the difference between the two lines. TheMACDindicator helps identify potential trend reversals, as well as the strength and ...
The Schaff Trend Cycle (STC) is atechnical analysisindicator used in trading and investing to identify trends and generate trading signals. The STC indicator helps to identify trends in a smoother and more responsive manner compared to traditional MAs and even under certain parameters, the MACD. ...
As a versatile trading tool that can reveal pricemomentum, the MACD is also useful in the identification of price trends and direction. The MACD indicator has enough strength to stand alone, but its predictive function is not absolute. Used with another indicator, the MACD can really ramp up ...