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| NOV 1992
SIDEBAR: AN MACD VARIATION by Technical Analysis, Inc.
AN MACD VARIATION by Technical Analysis, Inc. The method used is a variation of the original moving average convergence/divergence (MACD) indicator. Longer-term exponentially smoothed moving averages (EMA) have been used in the calculation of the MACD. The new smoothing constants a are 0.0299 and 0.0589, which approximate a 66-week simple moving average and a 33-week simple moving average, respectively.
by Technical Analysis, Inc.
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