The Moving Average Convergence Divergence (MACD) is a momentum indicator created by Gerald Appel in the late 1970s, comprising the MACD line, the signal line, and a histogram. It’s used by traders to spot buy/sell signals, trend direction, and momentum strength. The MACD chart aids in identifying market moves, while divergence, dramatic rises, and convergence provide additional market insights.
Exponential Moving Average (EMA) Google Sheets Custom Function
An Exponential Moving Average (EMA) is a moving average that places a greater weight and significance on more recent data points when compared to Simple Moving Averages (SMAs) which treat all data points equally.
Simple Moving Average Google Sheets Formula
The moving average is a powerful ally when it comes to gaining a holistic view of the market’s overall trend. In this blog post, we’ll take you through the complete calculation process and introduce you to a valuable tool for monitoring the broader market.