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Stochastic MACD
StochasticMACD (SMACD) is an oscillating momentum indicator. It is based on MACD but run through a stochastic oscillator.
This results in an indicator with all the same properties as MACD but with the benefit that the absolute levels can be compared to history values.
This results in an indicator with all the same properties as MACD but with the benefit that the absolute levels can be compared to history values.
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