$GTC 4-hour MACD forms a golden cross above the zero line, with the opposing bars lasting 17 bars before the crossover.
Let’s use this number to talk about MACD.
The length of the bars reflects the gap between DIF and DEA. Bars getting longer one by one indicate that momentum in the current direction is increasing; shorter bars indicate it is weakening.
The longer the opposing bars persist before a crossover, the more pronounced the preceding one-way trend. This crossover is often considered a little more meaningful than one that occurs during sideways trading.
With leveraged trading, first consider whether you can withstand the worst-case scenario, and only then think about what the indicators are saying.
#GTC
Let’s use this number to talk about MACD.
The length of the bars reflects the gap between DIF and DEA. Bars getting longer one by one indicate that momentum in the current direction is increasing; shorter bars indicate it is weakening.
The longer the opposing bars persist before a crossover, the more pronounced the preceding one-way trend. This crossover is often considered a little more meaningful than one that occurs during sideways trading.
With leveraged trading, first consider whether you can withstand the worst-case scenario, and only then think about what the indicators are saying.
#GTC