Money Classic Research is one of the leading advisory firms, which has highly experienced technical team. The technical team of Money Classic Research frequently implement MACD indicator to generate the accurate Intraday Cash Tips. MACD stands for moving average convergence and divergence and was developed by Gerald Appel. MACD is based on differences between the two moving average of different lengths. Difference between the fast and slow moving averages are taken into consideration. A second line of the MACD represents the moving average in the chart is called signal” line. There is also a third line in the chart. That is drawn optionally. It represents the histogram of the difference between the MACD and signal line. Therefore, this third line is known as MACD histogram.
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