MACD Formula

MACD Formula: 2 Lines

MACD charts consist of two lines: MACD Line and Signal Line.

MACD Line Formula

MACD Line = Short EMA – Long EMA

Short EMA = exponential moving average of closing price with a shorter period length

Long EMA = exponential moving average of closing price with a longer period length

Signal Line Formula

Signal Line = exponential moving average of MACD Line