What is the MACD indicator, and how is it used in Forex trading?
The MACD (Moving Average Convergence Divergence) indicator is a popular technical analysis tool used in Forex trading to identify potential buy and sell signals. It consists of three components: MACD Line: The difference between a 12-period and 26-period exponential moving average (EMA). Signal Line: A 9-period EMA of the…
