$IDOL 4 hours: MACD forms a golden cross above the zero line, after 11 consecutive opposing bars before the crossover.
A beginner asks: What is MACD?
MACD is calculated from moving averages, so it naturally lags: by the time a crossover occurs, prices have usually already moved a little.
Whenever the fast and slow lines cross, my fingers immediately start twitching—good thing I checked what it was first.
The same data can mean very different things in different market conditions, so don’t blindly apply a single rule.
#IDOL
A beginner asks: What is MACD?
MACD is calculated from moving averages, so it naturally lags: by the time a crossover occurs, prices have usually already moved a little.
Whenever the fast and slow lines cross, my fingers immediately start twitching—good thing I checked what it was first.
The same data can mean very different things in different market conditions, so don’t blindly apply a single rule.
#IDOL
