 "algo trading")
Technical indicator MACD (moving average convergence divergence) foresees the trend of stocks, indicating trading signals for short and medium term. Furthermore, the crossover helps to gauge the price reversal, suggesting a change in sentiments. If the MACD trades above zero line, it indicates upside and if it slips below the zero line, it means downside.
MACD is a trend suggesting indicator based on two moving averages. The 26-day Exponential moving average is subtracted from 12-day Exponential moving average. A 9-day moving average is plotted to act as a signal line which defines convergence and divergence. As the moving averages get
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