moving average convergence/divergence (macd) is a Forex indicator designed to gauge momentum. You can only go short when both are below the longest. The ratio tends toward.382 as you progress through the series.
This number is calculated by looking at the ratio of one number to the number immediately following it in the sequence. As with moving averages, experimentation will help you find the optimal settings for you. There are many traders who may act on these expectations and, in turn, influence the market. For example, 89/144.6181 and 144/233.6180. This fact is unfortunate but undeniably true.
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