Taking a Look Under the Hood23 Aug 2017 10:14
good morning maggots.
Can anyone suggest a decent university where I could study quantum physics and enable me to understand GD7 posts. ha ha ha ha . I am only a poor simpleton who was taught basic maths and english.
Created by Thomas Aspray in 1986, the MACD Histogram is a visual indicator of the difference between the MACD line and the Signal line, which is a default 9 period ema of the MACD line. The histogram is an oscillator that moves above and below the zero line, just as the MACD line does. Keep in mind when using this oscillator, that it takes four mathematical steps from price itself to create the 4th derivative, the histogram: Price => two ema averages => MACD line = Signal line => Histogram. Which means it lags price quite a bit. But like all derivatives of price, it’s much smoother than price itself.