Moving Average Convergence Divergence (MACD)
Identifies trend strength and reversals using short and long EMAs, a signal line, and a histogram.\
Function Syntax
=MACD(data,shortPeriod, longPeriod,signalPeriod )
-
data
(array) :
Range of columns containing the date, Open, high, Low, close, volume data. -
shortPeriod
(number):
Number of periods (days) used for calculating the short-term Exponential Moving Average (EMA). Typically 12 periods. -
longPeriod
(number):
Number of periods (days) used for calculating the long-term EMA. Typically 26 periods. -
signalPeriod
(number):
Number of periods (days) used for calculating the EMA of the MACD line itself, known as the signal line. Typically 9 periods.
Returns:
A four-column array of dates with corresponding MACD line, signal line, and histogram values.
Output Example
Below is an example of the resulting array when applying the custom =MACD() function.