$LUMIA 4 hours: MACD forms a death cross above the zero line, with opposite-direction bars persisting for 12 bars before the crossover.
Let’s use this number as a chance to talk about MACD.
The difference between an EMA (exponential moving average) and a simple moving average is that an EMA gives more weight to recent prices, so it responds a little faster.
The histogram bars often start shrinking before a crossover. Some people use this contraction as an early signal of a change in momentum, but it can also be less reliable.
With leveraged positions, first work out whether you can withstand the worst-case scenario, then consider what the signals are saying.
#LUMIA
Let’s use this number as a chance to talk about MACD.
The difference between an EMA (exponential moving average) and a simple moving average is that an EMA gives more weight to recent prices, so it responds a little faster.
The histogram bars often start shrinking before a crossover. Some people use this contraction as an early signal of a change in momentum, but it can also be less reliable.
With leveraged positions, first work out whether you can withstand the worst-case scenario, then consider what the signals are saying.
#LUMIA