Many brothers say it's not easy to understand the practical application of the MACD indicator. I specially made a practical case diagram to help everyone get started quickly. Judging in conjunction with support and resistance levels is more effective.
In addition, I have also organized 17 mnemonic rules for the application of the MACD indicator online for everyone.
Note: It needs to be used in conjunction with the actual market situation.
MACD above the 0 axis — every time a golden cross occurs, the price will reach a new high.
MACD below the 0 axis — every time a death cross occurs, the price will reach a new low.
MACD above the 0 axis — golden crosses belong to an upward trend bullish market, you can buy low and sell high at the top divergence.
MACD below the 0 axis — golden crosses belong to a downward trend rebound market, only participate after reaching above the 0 axis.
MACD above the 0 axis — the more times golden and death crosses occur, the better, bullish coin.
MACD below the 0 axis — the more times golden and death crosses occur, the worse, bearish coin.
MACD will or will not — the red bars reverse downwards a second time, it must fall.
MACD will or will not — the green bars reverse upwards a second time, it must rise.
MACD sell small — the price rises, and the subsequent wave of red bars is not higher than the previous wave, it will fall.
MACD buy small — the price falls or remains flat, and the subsequent wave of green bars is not lower than the previous wave, it will rise.
MACD not three not four — after breaking the 0 axis trend, it must either be the third wave or the fourth wave, and it will definitely rise.
MACD high position shrinkage — after a sharp rise in price, MACD is far from the 0 axis and red bars shorten, quickly cash out and leave.
MACD low position golden cross — after a sharp drop in price, MACD is far from the 0 axis, it must rise and a second golden cross will appear more violently.
MACD resurrection — in the process of rising, after a washout pullback death cross, a rapid golden cross in one or two days will definitely rise.
MACD hopeless — after a rise, entering a pullback, the rebound MACD golden cross quickly followed by a death cross in one day will definitely fall.
MACD golden pit — after a wave of price increase and pullback, if MACD death cross occurs within 7 days with shorter green bars, and then golden cross, the golden pit must rise.
MACD fire burns continuously — green bars continue for more than two months, big bull.