MACD Indicator Components:
1. MACD Line: Calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period exponential moving average.
Equation: MACD = EMA(12) - EMA(26)
2. Signal Line: It is a 9-period exponential moving average of the fast line.
3. Histogram: It is the difference between the fast line and the signal line. It appears as a vertical chart and indicates the strength of the momentum.
How to use the #MACD indicator:
1. Bullish Crossover:
It occurs when the fast line crosses the signal line from bottom to top.
It indicates a potential buying opportunity.
2. Bearish Crossover:
It occurs when the fast line crosses the signal line from top to bottom.
It indicates a potential selling opportunity.
3. Divergence
If the price is moving in one direction while the MACD is moving in the opposite direction, it may indicate an upcoming trend reversal
