Chart Notes | $WLD | Daily MACD | Bullish crossover above the zero line
Definition: The histogram is the difference between DIF and DEA. Many domestic charting apps multiply it by 2; the moment the histogram turns from negative to positive is exactly when DIF crosses above DEA.
A common interpretation: The longer the histogram bars in the opposite direction persist before the crossover, the clearer the preceding one-way trend was. This crossover is often considered somewhat more meaningful than one that occurs during sideways trading.
Leave plenty of room in your futures position, and don’t let a sudden sharp move wipe it out.
Definition: The histogram is the difference between DIF and DEA. Many domestic charting apps multiply it by 2; the moment the histogram turns from negative to positive is exactly when DIF crosses above DEA.
A common interpretation: The longer the histogram bars in the opposite direction persist before the crossover, the clearer the preceding one-way trend was. This crossover is often considered somewhat more meaningful than one that occurs during sideways trading.
Leave plenty of room in your futures position, and don’t let a sudden sharp move wipe it out.