Technical Indicators V: Moving Average Convergence Divergence (MACD)

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Moving Average Convergence Divergence (MACD) shows the difference of two moving averages – EMA12 and EMA26, and a 9-day EMA of the difference is plotted against it to trigger buy or sell signal. There are three parameters in MACD: MACD … Continued

Chart Patterns XII: Rectangles

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The rectangle formation is often a very simple one to recognize. It is essentially a market that is trading in a range between two horizontal lines. The rectangle formation represents consolidation of the move that preceded it, creating a foundation … Continued

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