Moving Average Convergence Divergence (MACD) is a trend following indicator calculated by subtracting two exponential moving averages. The 26-period exponential moving average (EMA) is subtracted from 12-period EMA and to make things simpler, a 9-day EMA is plotted on MACD to identify buy and sell triggers. This EMA is known as a signal line.
An “MACD baseline” also known as zero line is plotted. This is none other than the difference/ distance between MACD and signal line, which is formally known as Histogram. When MACD is above the signal line, histogram will be above the MACD baseline and vice
An “MACD baseline” also known as zero line is plotted. This is none other than the difference/ distance between MACD and signal line, which is formally known as Histogram. When MACD is above the signal line, histogram will be above the MACD baseline and vice

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