Technical Notes｜$JCT ｜Daily MACD｜Golden Cross Above the Zero Line
First, the definition: The histogram bars equal the difference between DIF and DEA; many Chinese trading platforms multiply this value by 2. When the bars shift from negative to positive, DIF crosses above DEA.
A common interpretation: The crossover itself is just a signal. Whether the price breaks through the most recent resistance level and whether trading volume confirms the move are often used for further confirmation.
All indicators merely summarize past price movements; the market can move in the opposite direction at any time.
First, the definition: The histogram bars equal the difference between DIF and DEA; many Chinese trading platforms multiply this value by 2. When the bars shift from negative to positive, DIF crosses above DEA.
A common interpretation: The crossover itself is just a signal. Whether the price breaks through the most recent resistance level and whether trading volume confirms the move are often used for further confirmation.
All indicators merely summarize past price movements; the market can move in the opposite direction at any time.
