Make a note: $KOMA The daily MACD has formed a bullish crossover below the zero line.
People often ask what MACD means, so here's my understanding.
The zero line is the line where DIF = 0, meaning the 12-period EMA and 26-period EMA are equal. When DIF is above the zero line, the short-term moving average is above the long-term moving average.
Different charting tools calculate MACD slightly differently. An intraday crossover may disappear by the close, so crossovers confirmed after the close are more reliable.
Calculating position size based on the stop-loss distance is much more reliable than choosing it by feel.
#KOMA
People often ask what MACD means, so here's my understanding.
The zero line is the line where DIF = 0, meaning the 12-period EMA and 26-period EMA are equal. When DIF is above the zero line, the short-term moving average is above the long-term moving average.
Different charting tools calculate MACD slightly differently. An intraday crossover may disappear by the close, so crossovers confirmed after the close are more reliable.
Calculating position size based on the stop-loss distance is much more reliable than choosing it by feel.
#KOMA
