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###  | MACD |

| MACD is an abbreviation for "Moving Average Convergence Divergence". It is difference of two exponential moving averages with different periods. The value of the longer moving average is subtracted from the shorter period one. The difference is plotted as a histogram. The signal line is a moving average of the value of the histogram.

Select the Study Type either Histogram or Signal Line. If you want both, hit [Apply] once with the Histogram radio button marked, then mark the Signal Line radio button, fill in the Signal Line Avg Period and hit [Apply] again. Note: The [Apply] button is grayed out until you toggle the Study Type values, you need to do this in order to apply this study. The Price field is used to select which price is used for computing the moving averages used by the MACD. The Line Attributes group specifies the Width as well as the of the color of the study line. The [Color] button is used to change the color of the line. Pressing [Apply] or [OK] creates or modifies the study.

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