MACD is pretty well based around a 12/26 ema but there’s a bit more to it than that.
Check this below link out as they word the explanations pretty well.
It’s a fantastic tool for me as i use it in combination with 8ema crossing the bollie median. Classic entry/ exit signals.
Cheers.
https://www.investopedia.com/articles/forex/05/macddiverge.asp
MACD is pretty well based around a 12/26 ema but there’s a bit...
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