Indicator Notes｜$LYN ｜4-hour MACD｜Bearish crossover above the zero line
First, the definition: The length of the histogram bars represents the gap between DIF and DEA. When the bars get longer one after another, it means momentum in the current direction is increasing; when they get shorter, momentum is weakening.
How to read it: A golden cross above the zero line is often seen as a sign that a pullback in an uptrend has ended, while a golden cross below the zero line is more often treated as a rebound signal.
The same data can mean very different things in different market conditions, so don’t apply any single rule mechanically.
#LYN
For reference only. You are responsible for any gains or losses.
First, the definition: The length of the histogram bars represents the gap between DIF and DEA. When the bars get longer one after another, it means momentum in the current direction is increasing; when they get shorter, momentum is weakening.
How to read it: A golden cross above the zero line is often seen as a sign that a pullback in an uptrend has ended, while a golden cross below the zero line is more often treated as a rebound signal.
The same data can mean very different things in different market conditions, so don’t apply any single rule mechanically.
#LYN
For reference only. You are responsible for any gains or losses.
