The MACD Indicator

Developed by Gerald Appel in 1979, the Moving Average Convergence-Divergence (MACD) is a technical indicator, which was applied on commodity and stock markets. the MACD is an oscillator of technical analysis, which represents the first variant of later upgraded the MACD histogram. However, it is still appreciated by many traders as it is quite simple and has no significant noise when generating signals.

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InstaForex 3lineMacd Parameters

FastEMA = 12

SlowEMA = 26

SignalSMA = 9

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