MACD Key facts

The Moving Average Convergence Divergence (MACD) is a technical indicator that is commonly used
by traders to identify trends and possible changes in trend. Here are a few interesting facts about
the MACD:

The MACD was developed by Gerald Appel in the late 1970s.

The MACD is calculated by subtracting a 26-period exponential moving average (EMA) from a 12-
period EMA.

The MACD is often used in conjunction with a nine-day EMA of the MACD, called the "signal line,"
which can help to smooth out fluctuations in the indicator.

The MACD is commonly used to identify overbought and oversold conditions in the markets.

Some traders also use the MACD to identify divergence, which occurs when the direction of the
MACD and the direction of the price trend are not in sync. This can potentially indicate a change in
trend.

The MACD is a widely followed indicator and is available on most trading platforms.

The MACD is just one of many technical indicators that traders can use to identify trends and make
informed trading decisions. It's important to use multiple indicators and tools in conjunction with
one another to confirm trends and make