There is 2 Signal that MACD made
Golden cross and deadth Cross
you can see in the chart,
Golden cross is a buy / long signal
when Blue line cross the red line, it is Golden cross, and it is a buy/long signal
when red line cross the blue line, it is deadth cross, and it is a sel/short signal
in C Chart, MACD is quite accurate to predict the trend
Golden cross and deadth Cross
you can see in the chart,
Golden cross is a buy / long signal
when Blue line cross the red line, it is Golden cross, and it is a buy/long signal
when red line cross the blue line, it is deadth cross, and it is a sel/short signal
in C Chart, MACD is quite accurate to predict the trend