MACD "Moving Average Convergence/Divergence"
The MACD demonstrates the relationship between two exponential (Moving Average). The two lines plotted on the chart are the main one which is the variance of the 12-period and 26-period averages and the signal line which is the average of the main.
Parameters:
- N - time period.
Calculation:
Main line:
Basicj = MAvej(close, 12) - MAvej(close, 26)
Signal line:
Signalj = MAve(Basic, N)
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