$ZRO The daily MACD formed a bearish crossover above the zero line.
Let’s use this data to talk about MACD.
MACD is derived from moving averages, so it naturally lags: by the time a golden or death cross occurs, the price has usually already made a move.
The details of MACD calculations vary slightly between charting tools, and an intraday crossover may disappear by the close. Crossovers confirmed at market close are more reliable.
Calculating your position size based on where you place your stop-loss is much more reliable than picking a position size by guesswork.
#ZRO
Let’s use this data to talk about MACD.
MACD is derived from moving averages, so it naturally lags: by the time a golden or death cross occurs, the price has usually already made a move.
The details of MACD calculations vary slightly between charting tools, and an intraday crossover may disappear by the close. Crossovers confirmed at market close are more reliable.
Calculating your position size based on where you place your stop-loss is much more reliable than picking a position size by guesswork.
#ZRO