ATQAP: Indicators: Difference between revisions
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== Moving Average Convergence Divergence (MACD) == | |||
* Momentum indicator calculated by taking the difference of two moving averages of an asset price (typically 12 period MA and 26 period MA). | |||
* A signal line is also calculated which is again a MA (typically 9 period) of the MACD line | |||
* The MACD line cutting the signal line from below signals bullish period and the former cutting the latter from above signals bearish (also called crossover strategy) | |||
* Many false positives -- especially during sideways market | |||
* Suggested to be used in conjunction with other indicators | |||
* Bollinger Bands | * Bollinger Bands | ||
* Relative Strength Index (RSI) | * Relative Strength Index (RSI) | ||
Revision as of 21:28, 13 December 2020
Moving Average Convergence Divergence (MACD)
- Momentum indicator calculated by taking the difference of two moving averages of an asset price (typically 12 period MA and 26 period MA).
- A signal line is also calculated which is again a MA (typically 9 period) of the MACD line
- The MACD line cutting the signal line from below signals bullish period and the former cutting the latter from above signals bearish (also called crossover strategy)
- Many false positives -- especially during sideways market
- Suggested to be used in conjunction with other indicators
- Bollinger Bands
- Relative Strength Index (RSI)
- Average Directional Index (ADX)
- SUpertrend
- Renko Charts