The magic of the king of indicators, MACD😍
1. The meaning of the MACD indicator
The MACD indicator is also called the exponential moving average, which consists of two smooth moving averages, one is a fast line, called DIF, displayed in white; the other is a slow line, called DEA, displayed in yellow; and the zero axis, the red column above the zero axis and the green column below the zero axis.
2. The four major functions of MACD
1. MACD can judge the trend of one day, one week, and one month.
2. MACD can judge the situation of the main force and the dealer washing and suppressing after the start of a wave of market conditions in the market and individual currencies.
3. MACD can judge the start of a wave of market decline in the market and individual currencies, and the main force and dealer of the market and individual currencies give investors a second and third opportunity to ship. Tip: When a wave of falling market just begins, if the price rebounds (the K line appears a positive line, and the MACD continues to shorten), it is to give investors a second chance to ship. Investors must not hold a fluke mentality, otherwise they will miss the opportunity and regret it, and lose time and money in vain.
4. When the J value in the KDJ indicator is blunted, investors can observe the changes in MACD again. As long as the red column of MACD continues to be longer than the previous hour, day, week, and month, investors can hold the currency with confidence. Once the J value begins to fall after a few hours, days, or weeks, investors can consider selling and reducing their positions.
3. Divergence of MACD
1. Top divergence
The top divergence of MACD refers to when the price continues to hit new highs, but the corresponding MACD indicator does not rise accordingly, and does not effectively verify the price trend, but diverges and falls or flattens and becomes blunt. It often means that the rising market is coming to an end, and the trend may reverse and fall at any time. The more top divergences there are, the greater the risk of reversal and fall, and risks should be avoided in time.
2. Bottom divergence
The bottom divergence of MACD refers to when the price continues to hit new lows, the corresponding MACD indicator does not fall accordingly, and does not effectively verify the price trend, but diverges and rises or flattens and becomes blunt. It often means that the downtrend is coming to an end, and the trend may reverse and rise at any time. The more times the bottom diverges, the greater the possibility of a reversal and rise. At this time, there is no need to sell blindly. When the market shows obvious signals of large-volume rise, you can go long.
Dexin Community ~ Teacher Jin Jun