PipEze MACD with scanner
Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period Exponential Moving Average (EMA) from the 12-period EMA. The result of that calculation is the MACD line. A nine-day EMA of the MACD called the "signal line," is then plotted on top of the MACD line, which can function as a trigger for buy and sell signals. Traders may buy the security when the MACD crosses above its signal line and sell - or short - the security when the MACD crosses below the signal line. Moving Average Convergence Divergence (MACD) indicators can be interpreted in several ways, but the more common methods are crossovers, divergences, and rapid rises/falls.
PIPEZE MACD comes together with a scanner of the currently chosen financial instrument. It scans all timeframes of a current chart giving You a quick overview of what is happening with the trading trend. The scanner shows the position of MACD (below or above zero line) and state of moving averages (red - downtrend, green - uptrend). Additionally, you can minimize scanner or completely disable it from the indicator property window. If that's not enough PIPEZE MACD comes with on-screen alerts and mobile notifications.
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