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MACD Trading Method Summary

Summary:

The MACD technical indicator is one of the most widely and oftenly used indicators available. MACD indicator is a momentum oscillator with some trend following characteristic tendencies.

MACD technical indicator is one of the most popular indicators used in xauusd analysis to generate signals using cross-overs.

MACD indicator plots the divergence & convergence of moving averages & is constructed using Moving Average analysis. Moving Average Convergence/Divergence is a trend following indicator. It indicates the correlation between two MAs.

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