Both trend-following momentum indicators show the relationship between two moving averages of a security’s price. The MACD measures the relationship between two EMAs, while the RSI measures price change in relation to recent price highs and lows. These two indicators are often used together to provide analysts and traders with a more complete technical picture of a market. Statistical studies have shown that the RSI Indicator tends to deliver a higher success rate in trading than the MACD Indicator. This is largely driven by the fact that the RSI Indicator gives fewer false trading signals than MACD. That being said, there are specific trading scenarios in which the MACD can prove to be a better indicator.