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.