MACD Strategy Summary

Summary:

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

MACD 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 2 moving averages.