In this article, we are going to be talking about an extremely popular trend following tool, the Moving Average Convergence Divergence, otherwise referred to as the MACD Indicator. Another way to use the MACD is as a simple trend-following tool to identify good entries and exits for higher timeframe trends.Ĭrypto markets with Bitcoin specifically, have been known as incredible markets for trend following strategies.In crypto markets, at first glance, the MACD can be used to get a higher up view as to what the general market direction is.The MACD (Moving Average Convergence Divergence) indicator is a trend and momentum indicatorthat plots the relationship between the 12 period EMA and the 26 period EMA, and then applies a 9 period EMA to this value.
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