This chapter focuses on the practice of MACD, including the application and setting of MACD, how to confirm the point of going long and short with MACD, how to identify and use the MACD golden/death cross and the top/bottom divergence.
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Moving Average Convergence/Divergence (MACD)
MACD, short for moving average convergence/divergence, is a mid- and long-term indicator. It is designed to reveal changes in the strength, direction, momentum, and duration of a trend, so as to decide the entry and exit point.
This chapter focuses on the practice of MACD, including the application and setting of MACD, how to confirm the point of going long and short with MACD, how to identify and use the MACD golden/death cross and the top/bottom divergence.
This chapter focuses on the practice of MACD, including the application and setting of MACD, how to confirm the point of going long and short with MACD, how to identify and use the MACD golden/death cross and the top/bottom divergence.
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