Professional Documents
Culture Documents
A.
Formulation of MACD
B.
C.
1.
Trend Signals
2.
Trading Signals
3.
Divergence Signals
MACD
Uses
Closing price
Originator
Formulation
o
MACD
Signal Line
MACD Signals
o
MACD Strength/Weakness
o
DIVERGENCE
Definition :
Implication :
Strength :
Weakness :
The divergence may not lead to any significant price move if a trend is strong.
Variation :
Three-point divergence.
Application of divergence :