$NEAR 4 hours: The MACD forms a death cross above the zero line, with opposing histogram bars persisting for 10 bars before the cross.
While we’re on this number, let’s talk about MACD.
The same MACD settings mean different things on different timeframes: crossovers occur frequently on shorter timeframes, but less often—and carry more weight—on the daily chart.
MACD calculations vary slightly across charting tools. An intraday crossover may disappear by the close, so crossovers confirmed after the candle closes are more reliable.
Calculating position size based on the stop-loss distance is much safer than picking a position size by guesswork.
Personal notes only. Make your own trading decisions.
While we’re on this number, let’s talk about MACD.
The same MACD settings mean different things on different timeframes: crossovers occur frequently on shorter timeframes, but less often—and carry more weight—on the daily chart.
MACD calculations vary slightly across charting tools. An intraday crossover may disappear by the close, so crossovers confirmed after the candle closes are more reliable.
Calculating position size based on the stop-loss distance is much safer than picking a position size by guesswork.
Personal notes only. Make your own trading decisions.