$ICNT The daily MACD has formed a golden cross above the zero line.
Let's use this number to talk about MACD.
MACD was first introduced by Gerald Appel in the 1970s. Its default parameters are 12, 26, and 9, and it uses the distance between two fast and slow EMAs to gauge trend strength.
In a sideways market, DIF and DEA tend to intertwine, with golden and death crosses alternating repeatedly. In these conditions, the crosses have little value as signals.
With leveraged trading, first consider whether you can withstand the worst-case scenario, and only then look at what the indicators say.
#ICNT
Let's use this number to talk about MACD.
MACD was first introduced by Gerald Appel in the 1970s. Its default parameters are 12, 26, and 9, and it uses the distance between two fast and slow EMAs to gauge trend strength.
In a sideways market, DIF and DEA tend to intertwine, with golden and death crosses alternating repeatedly. In these conditions, the crosses have little value as signals.
With leveraged trading, first consider whether you can withstand the worst-case scenario, and only then look at what the indicators say.
#ICNT
