Post
Topic
Board Speculation
Re: Something, something, something, technical analysis
by
Wary
on 18/06/2014, 20:42:04 UTC
A small clarification: 1h MACD is still positive, just the divergence went negative.
MACD is a lagging indicator, the divergence is less lagging. This term confusion happens a lot in these forums.
 Possible way to explain it to someone with physics/math background:

TA               math                     physics

price            function                 coordinates
MACD           first derivative        speed
histogram      second derivative    acceleration

Edit: replaced "divergence" to "histogram", as more correct.