SSChart™ - MACD

   MACD is an abbreviation for "Moving Average Convergence Divergence". It is difference of two exponential moving averages with different periods. The value of the longer moving average is subtracted from the shorter period one. The difference is plotted as a histogram. The Signal Line is a moving average of the value of the histogram.

Select the Study Type: either Histogram or Signal Line. If you want both, hit the Apply button once with the Histogram radio button marked, then mark the Signal Line radio button, fill in the Signal Line Avg Period and hit Apply again.

The Price field is used to select which price is used for computing the moving averages used by the MACD.

[Back To Contents]
SSChart is a trademark of Simian Savants LLC
Copyright (c) 1999 Simian Savants LLC. All rights reserved
.