🐋 $AIN 4 hours: MACD forms a golden cross above the zero line, with opposing bars persisting for 17 bars before the crossover.
People post crossover signals every day; what matters is the crossover's position and the preceding trend.
The bars' lengths represent the distance between DIF and DEA. If each bar is longer than the last, it means the current direction is gaining strength; if they get shorter, it means the trend is weakening.
MACD is generally better suited to identifying direction in trending markets, rather than pinpointing exact tops and bottoms.
Calculating position size based on the stop-loss distance is far more reliable than guessing.
People post crossover signals every day; what matters is the crossover's position and the preceding trend.
The bars' lengths represent the distance between DIF and DEA. If each bar is longer than the last, it means the current direction is gaining strength; if they get shorter, it means the trend is weakening.
MACD is generally better suited to identifying direction in trending markets, rather than pinpointing exact tops and bottoms.
Calculating position size based on the stop-loss distance is far more reliable than guessing.