Hello friends,
What do the green and red bars in the MACD chart signify ? Please help me understand
Thanks
Hello friends,
What do the green and red bars in the MACD chart signify ? Please help me understand
Thanks
GREEN BARS =
MACD above SIGNAL and Deviation between MACD and SIGNAL increasing.
OR
MACD below SIGNAL and Deviation between SIGNAL and MACD Decreasing .
RED BARS = Vice Versa