Abstract
The article testing Moving Average Convergence Divergence on Sucorinvest Sharia Equity Fund. We set MACD using 60-periode for fast EMA, 130-periode for slow EMA, and 45-periode for Signal. The rule is histogram of MACD crosses zero line from below indicate buy signal and corsses zero line from above indicate sell signal. We use 8-year data from pusatdata.kontan.co.id. The result is MACD rule generate more profit than buy-and-hold strategy.
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