• It is green when moving averages converging up, and red when converging down.
  • Editables: You can change the lookback period of slow and fast.
  • Alarms: You can set alarm for when moving averages converging up, and down.

MACD is an extremely popular indicator used in technical analysis. MACD can be used to identify aspects of a security’s overall trend. Most notably these aspects are momentum, as well as trend direction and duration. What makes MACD so informative is that it is actually the combination of two different types of indicators. First, MACD employs two Moving Averages of varying lengths (which are lagging indicators) to identify trend direction and duration.