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|Who trades forex where||As with other trend-following and trend-confirming tools, the MACD is apt to produce occasional false signals. Relative Strength Index: RSI measures price changes for a currency pair in relation to highs and lows. You can use RSI to open and close positions. Our stop was close to pips away from our entry. Once again, from our example above, this would be a 9-period moving average. Due to this difference, EMAs tend to be more sensitive to small market changes than SMAs—though greater sensitivity often comes at the price of greater volatility.|
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MACD is an acronym for. Moving Average Convergence Divergence (MACD) is a trend-following momentum indicator that shows the relationship between two moving averages of a security's. Moving Average Convergence Divergence (MACD) is defined as a trend-following momentum indicator that shows the relationship between two moving averages of a.