$PAXG The daily MACD formed a bearish crossover below the zero line, with counter-trend histogram bars persisting for 9 bars before the crossover.
Let’s use this data to talk about MACD.
MACD values are related to the price level of a coin, so comparing values across different coins is meaningless. What matters is how the direction and position change.
Different software calculates MACD slightly differently, and an intraday crossover may disappear by the close. Crossovers confirmed after the candle closes are more reliable.
Calculating position size based on the stop-loss distance is much more reliable than just guessing.
Let’s use this data to talk about MACD.
MACD values are related to the price level of a coin, so comparing values across different coins is meaningless. What matters is how the direction and position change.
Different software calculates MACD slightly differently, and an intraday crossover may disappear by the close. Crossovers confirmed after the candle closes are more reliable.
Calculating position size based on the stop-loss distance is much more reliable than just guessing.
