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Signal Lines

Hey Joe! Last week in your article about MACD, you talked about signal lines. What is a signal line? Is it the same as a Trigger Line?

I'm sorry, I forgot to tell you what Signal lines are. Signal lines are used in technical indicators, especially oscillators, to generate buy and sell signals or suggest a change in a trend. Oftentimes, signal lines are moving averages of a technical indicator, such as the moving average convergence-divergence (MACD) and stochastics oscillator. Yes! A signal line is also commonly known as a "trigger line."

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Monday, 27 May 2024

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