Moving Average Convergence / Divergence

Definitions

Forex

  • An indicator invented by Gerald Appel which plots the difference observed between two moving averages, as well as a signal line. Technical forex traders might watch the Moving Average convergence/Divergence or MACD indicator for divergence, trends, reversal points or buy and sell signals when the MACD line crosses over the signal line.
  • acronymMACD
http://www.dictionarycentral.com/definition/moving-average-convergence-divergence.html