MACD

MACD (Moving Average Convergence Divergence)

What it is

MACD is computed as the difference between two EMAs (short and long), plus a signal line (EMA of MACD).

Output columns

• macd
• signal_line
• macd_hist (MACD minus signal line)

Formulas

[ MACD_t = EMA(close, short)_t - EMA(close, long)_t ]

[ signal_line_t = EMA(MACD, signal)_t ]

[ macd_hist_t = MACD_t - signal_line_t ]

Configuration

• macd_short
• macd_long
• macd_signal

Notes

• Histogram should equal macd - signal_line (this is how it’s computed).

Related pages:

• Indicators (Overview)
• Configuration & Templates