Moving Average Convergence Divergence (MACD)

Category: momentum, trend

Measures the relationship between two moving averages of a security's price and plots the difference between the resulting MACD line and a signal line.

Formula

MACD = EMA(Source, Fast) - EMA(Source, Slow)\nSignal = EMA(MACD, SignalSmoothing)\nHistogram = MACD - Signal

Inputs

• Source (default: close)
• Fast Length (default: 12)
• Slow Length (default: 26)
• Signal Smoothing (default: 9)

See signal primitives and every published strategy that uses Moving Average Convergence Divergence (MACD) on WOBR StrategyVerse.