MACD Oil Trading Strategy Summary

Summary:

The MACD indicator is one of the most widely & commonly used oil technical indicators available. MACD indicator is a momentum oscillator with some oil trend following characteristics.

MACD indicator is one of the most popular oil indicators used in crude oil trading analysis to generate crude oil signals using crossovers.

MACD indicator plots the divergence and convergence of moving averages & is constructed using moving average analysis. Moving Average Convergence/Divergence is a trend-following oil indicator. It indicates the correlation between two moving averages.