: A 9-period EMA of the MACD line itself, used to smooth fluctuations and act as a trigger.
: The difference between a short-term (12-period) and long-term (26-period) exponential moving average (EMA). macd buy signal
Moving Average Convergence Divergence MACD indicator | OANDA : A 9-period EMA of the MACD line
To understand a buy signal, one must first define the three components of the MACD indicator: macd buy signal