How to use MACD to assist in market analysis (1)
Calculate the MACD indicator: Calculate the difference between the short-term and long-term moving averages to get the MACD line. The MACD line refers to the short-term moving average minus the long-term moving average.
Calculate the signal line: Calculate the smooth line of the MACD line, also known as the signal line. Generally, the 9-day exponential moving average is used as the signal line.
Observe the intersection of the MACD line and the signal line: when the MACD line crosses the signal line from below, it is a buy signal and indicates that the price may rise. On the contrary, when the MACD line crosses the signal line from above, it is a sell signal and indicates that the price may fall.
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