Want to make your RSI smoother and easier to track and follow its signals? You can add a moving average signal line to it.
Let me share how to do this quickly without coding.
This is a very neat and easy trick you can do - thanks to TradingView :) - using the feature "Indicator-on-indicator"
Quick Steps: add RSI to your chart if its not already there, hover on...
✅ The MACD line is the 12-day Exponential Moving Average (EMA) less the 26-day EMA. Closing prices are used for these moving averages. A 9-day EMA of the MACD line is plotted with the indicator to act as a signal line and identify turns. The MACD Histogram (Below the chart) represents the difference between MACD and its 9-day EMA, the signal line. The histogram is...
Moving Average Convergence Divergence (MACD)
Created by Gerald Appel
It was designed in order to reveal changes in the direction, strength, momentum, and duration of a trend in a stock’s price
It is a trend-following momentum indicator which shows the relationship between two moving averages of a stock’s price
As the name suggests, MACD is all about the...
