$AIN 4-hour MACD forms a golden cross above the zero line.
Everyone, what is MACD? Here’s a quick explanation 👇
MACD was first introduced by Gerald Appel in the 1970s. Its commonly used settings are 12, 26, and 9, and it gauges trend strength by looking at the distance between the fast and slow EMAs.
MACD is better suited to confirming direction in a one-way market, rather than identifying specific highs and lows.
The same data can mean very different things in different market conditions, so don’t blindly apply a single rule.
Everyone, what is MACD? Here’s a quick explanation 👇
MACD was first introduced by Gerald Appel in the 1970s. Its commonly used settings are 12, 26, and 9, and it gauges trend strength by looking at the distance between the fast and slow EMAs.
MACD is better suited to confirming direction in a one-way market, rather than identifying specific highs and lows.
The same data can mean very different things in different market conditions, so don’t blindly apply a single rule.