MACD, stands for Moving Average Convergence / Divergence, is a technical analysis indicator .It shows the difference between a fast and slow exponential moving average (EMA) of closing prices. During the 1980s MACD proved to be a valuable tool for any trader. MACD is a trend following indicator, and is designed to identify trend changes. It’s generally not recommended for … [Read more...]
TRIX: Momentum indicator
Introduction TRIX is a momentum indicator that displays the percent rate-of-change of a triple exponentially smoothed moving average of a security's closing price. It was developed in the early 1980's by Jack Hutson, an editor for Technical Analysis of Stocks and Commodities magazine. Oscillating around a zero line, TRIX is designed to filter out stock movements that are … [Read more...]
Forex Technical Indicators
Momentum Oscillators Momentum oscillators react very quickly to short-term changes in price, flipping back and forth between overbought and oversold levels. Oscillators are useful in both ranging and trending currency markets. The most common momentum oscillators include Relative Strength Index (RSI), Commodity Channel Index (CCI) and the Stochastic Oscillator. Let's take … [Read more...]
Moving Average Convergence / Divergence(MACD)
MACD, stands for Moving Average Convergence / Divergence, is a technical analysis indicator .It shows the difference between a fast and slow exponential moving average (EMA) of closing prices. During the 1980s MACD proved to be a valuable tool for any trader. MACD is a trend following indicator, and is designed to identify trend changes. It's generally not recommended … [Read more...]