#MACD is one of the best indicators for intraday trading.
MACD Indicator for Intraday Trading
MACD stands for moving average Convergence Divergence
The moving average is one of the most commonly used technical indicators. shows the relationship between two moving averages of the script. In Macd 2 lines are very important Macd line and the signal line. The simple formula of calculating MACD is substrating 26 periods EMA from 12period EMA here EMA stands for the exponential moving average. The Macd line is formed by this calculation only.
While the signal line is a 9 days EMA of MACD. when the MACD line moves above or below the signal line. the technical signal is generated. When MACD is above the signal line it indicates a buying signal and when it is below the signal line it indicates the selling signal. Macd line also tells us whether the stock is overbought or oversold it can be tracked by the speed of cross over.
Exponential Moving Average
We use the Simple Moving Average Technical Indicator when we target a particular time frame. Let’s say 10 days or 15 days or 30 days. Like that we use it for a specific time frame. Therefore we find it by calculating the mean of given price values over the number of mentioned days.
Exponential Moving Average Technical Indicator is better for new information. After all, it has more value when the price of the script is in recent days. Because it is a weighted average of script price and we can never ignore this value. The EMA is also known as an exponentially weighted moving average.
For EMA we usually say that there is no specific time frame to consider for getting its best results or calculating its performance. Because EMA usually varies depending upon the strategies in which we are using it. Therefore Analysts use it as a support and resistance line of the price trend. The stock’s moving average is one of the most important indicators to consider. The Senior Technical Analysts use it for intraday trading. As well as short term trading. It is mainly used in short term trading. Because it is based on short term price movement.
Our research analyst takes complete care of the trend line formed by applying the formula of the MACD
As a result, the accuracy gets increased by the use of this indicator. Because it is always said in technical Analysis that history tends to repeat itself. As a result, we use this indicator’s in all our research of NSE listed scripts to give you the most significant result.
Features & Benefits
- Moving Average
- Single Indicator Use
- Quick Response
- Intraday Based Trades
INR4420/MonthPerfect for day trader's
- M.V + O.B.V
- Double Indicator applied
- Tips only on formation
- Intraday Tips
- Pivot Levels Support
Money Booster M.V
- M.V + O.B.V + R.S.I
- Triple Indicator applied
- indicator based trades
- Intraday Trades
- Pivot Levels Support