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The list of existing indicators in TA Technical Analysis module has been empowered by two new divergence-modified indicators - Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD).
In such a case it can be helpful to utilize additional investment measures and techniques: • Use the right Indicators: In one instance a Rate of Change (ROC) indicator may be more applicable than a Moving Average Convergence/Divergence (MACD).
The Moving Average Convergence/Divergence [MACD] is a trend following momentum indicator that shows the relationship between two moving averages of prices.