$DOS 4-hour MACD formed a bearish crossover above the zero line, with opposing histogram bars persisting for 33 bars before the crossover.
Let’s use this number to talk about MACD.
DIF (also called the MACD line) = 12-period EMA − 26-period EMA; DEA (also called the signal line) is calculated by applying a 9-period EMA to DIF.
Many people look for bearish and bullish divergences: when the price makes a new high but MACD doesn’t, or the price makes a new low but MACD fails to follow, these are often taken as signs of weakening momentum.
Don’t let a single number disrupt your original plan, and don’t use borrowed money to test a particular reading.
#DOS
Let’s use this number to talk about MACD.
DIF (also called the MACD line) = 12-period EMA − 26-period EMA; DEA (also called the signal line) is calculated by applying a 9-period EMA to DIF.
Many people look for bearish and bullish divergences: when the price makes a new high but MACD doesn’t, or the price makes a new low but MACD fails to follow, these are often taken as signs of weakening momentum.
Don’t let a single number disrupt your original plan, and don’t use borrowed money to test a particular reading.
#DOS