MACD Silver Indicator Oscillator Silver Technical Analysis Fast Line and Signal Line
MACD Silver indicator is used in various ways to give technical analysis information.
- MACD center line crosses indicate bullish or bearish markets: below zero is bearish, above zero is bullish.
- MACD Crossovers indicate a buy or sell xagusd trade signal.
- Oscillations can be used to indicate oversold & overbought regions
- Used to look for divergence between xagusd price and indicator.
Construction of MACD Technical Indicator
The MACD indicator is constructed using two exponential moving averages and this xagusd trading technical indicator plots two lines. The two default exponential moving averages used are 12 and 26. Then a smoothing factor of 9 is also applied when drawing the MACD xagusd technical technical indicator.
Summary of how MACD indicator is drawn
MACD uses 2 EMAs + a smoothing factor (12, 26 Exponential Moving Averages and 9 smoothing periods)
MACD xagusd trading technical indicator only plots two lines - the MACD fast line and the MACD signal line
MACD Lines - MACD Fast-Line and MACD SignalLines Trading Signals
- The FastLine is the difference between the 26 Exponential Moving Average and 12 EMA
- The Signal-line is the 9 period moving average of the MACD fast line.
Implementation of MACD Technical Indicator
MACD indicator implements the MACD line as a continuous line while the signal line is implemented as a histogram. These two MACD LINES are then used to generate xagusd signals using the crossover trading strategy method.
There is also the MACD center line which is also known as the zero mark & it is a neutral point between buyers and sellers trading the xagusd trading market.
Values above the center-mark are considered bullish silver trading signals while those below are bearish silver signals.
The MACD indicator being an oscillator indicator, oscillates above and below this center line.
