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Translating the words into mathematics, this is what a MACD calculation looks like: MACD EMA [shorter period] - EMA[longer period] The resulting plot forms a line that oscillates above and below zero (positive when EMA[shorter] where EMA[7] is used for the short period, EMA[13] is used for the long period, and 5 days for EMA of MACD (the signal line).

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