The MACD indicator (Moving Average Convergence Divergence) is a momentum and trend-following indicator. It is based on the information of moving averages. It is developed by Gerald Appel in the late seventies. The MACD oscillator is one of the simplest and most effective momentum indicators available. The Moving Average Convergence/Divergence (MACD) indicator is a momentum oscillator … Continue reading “Moving Average Convergence Divergence: MACD Indicator”