$ZRO The daily MACD formed a bearish crossover above the zero line, after 22 consecutive opposing histogram bars leading up to the crossover.
Let’s use this number to talk about MACD.
MACD is derived from moving averages, so it inherently lags: by the time a bullish or bearish crossover occurs, the price has usually already moved for a while.
The exact calculations used to initialize MACD vary slightly between software programs. A crossover that appears before a candlestick closes may disappear by the close, so crossovers confirmed after the candle closes are more reliable.
It’s much more sensible to calculate your position size based on where you place your stop-loss than to choose a position size by feel.
#ZRO
Let’s use this number to talk about MACD.
MACD is derived from moving averages, so it inherently lags: by the time a bullish or bearish crossover occurs, the price has usually already moved for a while.
The exact calculations used to initialize MACD vary slightly between software programs. A crossover that appears before a candlestick closes may disappear by the close, so crossovers confirmed after the candle closes are more reliable.
It’s much more sensible to calculate your position size based on where you place your stop-loss than to choose a position size by feel.
#ZRO