What is MACD?
The Mississippi Association of Conservation Districts, Inc. (MACD), established in 1945, is a non-profit, non-governmental organization composed of the 82 Soil & Water Conservation Districts in Mississippi. MACD is governed by a thirty-one member Board of Directors and represents more than four hundred district commissioners throughout Mississippi. What is a Soil and water Conservation District? During the 1930’s, as Americans were recovering from the Great Depression, along came an unparalleled ecological disaster of national consequence. Americans looked out their windows to a black fog of dust, slowly moving across the entire United States. Following one of the most severe droughts in history across the Great Plains, the region’s soil began to erode and blow away creating great clouds of dust, some of which began to settle in Washington, and came to the attention of President Franklin Dl Roosevelt. Through a Presidential mandate, Congress subsequently passed legislation declaring so
MACD is an acronym for Moving Average Convergence Divergence. It is a mathematical indicator used by some financial traders to predict future price movements of stocks, commodities and other financial instruments. MACD was originally developed by Gerald Appel. The MACD is constructed from two EMAs, or exponential moving averages, derived from the historical price movement of the asset being studied. In a traditional average, all data is treated equally. When calculating an EMA, some data is given a higher weight, or importance, than other data. In the case of MACD, the more recent the data, the more importance it is given. An EMA of six, for example, averages the last six values while giving more weight to the most recent ones. MACD subtracts the longer average from the shorter average, and the result is plotted on a chart or graph. MACD typically uses 26- and 12-day EMAs, meaning it looks at the last 26 and 12 days worth of data. The resultant chart oscillates around zero, without pre
The moving average convergence/divergence (also known as MACD) is a widely used indicator in the forex market. It has several applications some of which include: • Measuring the strength of a currency pair • Trend confirmation • Indicator of reversals • Indicator of currency pairs being either overbought or oversold In order to calculate MACD you should estimate the difference between two exponential moving averages. It is recommended that you apply the 26-day and 12-day moving averages of a currency pair.
