$JCT The daily MACD formed a bullish crossover above the zero line.
A beginner’s burning question: What exactly is MACD calculating?
The same MACD settings mean different things on different timeframes: crossovers happen frequently on shorter timeframes and less often on longer ones, but they carry more weight.
Whenever DIF and DEA cross, my fingers immediately start itching to trade—good thing I checked the definition first.
Understanding this indicator is meant to keep numbers from misleading you, not to use it to predict tops and bottoms.
A beginner’s burning question: What exactly is MACD calculating?
The same MACD settings mean different things on different timeframes: crossovers happen frequently on shorter timeframes and less often on longer ones, but they carry more weight.
Whenever DIF and DEA cross, my fingers immediately start itching to trade—good thing I checked the definition first.
Understanding this indicator is meant to keep numbers from misleading you, not to use it to predict tops and bottoms.