Post
Topic
Board Speculation
Re: Something, something, something, technical analysis
by
zimmah
on 22/06/2014, 21:58:28 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
divergence    second derivative    acceleration


Thanks for that! It actually helps.
You should write a dictionary for TA-challenged scientists like me  Grin

i agree, as an engineer this makes perfect sense.

TA sometimes is easy, but some charts are very confusing.