Hi everybody I am in need of help a liitle bit

Beginner Questions
1

How are you everybody? I hope you are ok…I have started to read school of pipsology.But I haven’t
understood something…Could you help me? What is the blue line and red line on macd? Moving Average (first indicate) or what? If ıt is moving average…What is the value? Thank you…

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2

Hi Exilegs, The slower (red) line is a moving average of the Macd line (the blue one). The standard setting for this is 9, but you can adjust this.

4

Thanks for answering Mrs M. But my meta trade shows the different macd. I’m confused.Mine is also white, the green bars in
this chart … And I just have a one line. That chart has two lines and one bar

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5

StockCharts.com – ChartSchool does a nice job of explaining the mechanics / inner workings of most of the popular indicators. Here’s a link to their MACD page.

Moving Average Convergence-Divergence (MACD) - ChartSchool - StockCharts.com

MACD-Histogram - ChartSchool - StockCharts.com
good luck! :44:

6

d-pip provided a good link to MACD also try no to pay to much attention to color as you can change the color to what ever you want

7

Thank you very much :slight_smile:

8

D-Pip’s link should answer all your questions on MACD and remember, when you are checking the link out, you may want to read about other indicators as well…Good luck!