What an indicator tells you is what happened in the past. It does not predict what will happen in the future. What price does moves the indicator, not the other way around!!
Many years ago I had the brilliant idea to use as many indicators and oscillators as possible by interpreting the output of each as a binary value for the next trading day: ie. 1 for up, 0 for down (or maybe it was even ternary: up/down/even), and counting these values to see which direction gets the most points.... The idea was not that bad, but it somehow didn't work in practice... IIRC I even tried a "weighted" variant, and even a non-binary/non-ternary variant... all in vain... Afterwards I completely gave up on TA, and instead used only pure maths using MA, StdDev, LR, NonLR etc.
You won't get profitable from just learning how to use the MACD indicator, if it were that easy everyone would be making a ton of money in the markets. Anyway, you can find an endless amount of information regarding these basic indicators, including the MACD, also on YouTube. Be prepared to spend a long time learning how to trade, if you expect to profitable in no time you are going to be in for an unpleasant surprise.
MACD crossover is good for long entry or exit from a long position. Do not use MACD to reverse a long position into a short position. MACD mistakes sideways price action as a downtrend.
Please make efforts when asking for help How To Ask For Help Do not assume those that will assist you are ‘guys.’ Do not start asking for help with the words “Hey guys ~” it will alienate a large collection of those that can help you. Too many posts start out with “Hey guys.” This is sexist. Stop it. Find out if someone has already asked and answered your question. This is easy to do. If you’re asking for help online. Search the forum with keywords related to your question. Read those posts and their responses. If you’re in a private setting and you cannot post your question publically use your company forums (if available). Slack, after all, is full of helpful institutional knowledge that may answer your question: it is THE Searchable Log of All Content & Knowledge, after all. Check the documentation. Read the documentation before asking for help. Reference the documentation. Related to the previous, if the documentation hasn’t provided you with your answers it is often a good idea to reference the portion(s) of the documentation you found and referenced. Say why it fell short for you. Ask your potential helpers if they can point you to other documentation that may be more helpful. Think hard about your question title. Avoid titles that state the obvious. Phrases like “question about…” or “I have a problem with…” are implied. Better choices are “What is it about [name software] that might cause [describe unexpected behavior or result].” Avoid cross-posting. Others may disagree with this. Cross-posting is posting your question to multiple forums. Some do not mind it. I tend to avoid it. The one exception is when A) someone has said: “hey, you might have better luck over at [insert another forum name].” And B: when the original post has not produced an answer. Also if you do cross-post, be transparent and offer a link to your original post to help your helpers. Avoid edits. If you must edit your original post be clear with a comment that also describes why you edited, and why. Avoid asking for private assistance. The reason private assistance is less than desirable is that the reason for seeking, and for providing, help online is that it’ll multiple the effects of your efforts. If you correspond privately, others in the future will not have the benefits of the discussion your question may generate. Assuming you have followed the above advice, don’t be shy to post ‘elementary’ questions. If you have legitimately endeavored to find an answer to your question using the advice above, your question is probably one that others will have too. Ask away, no matter how simple it may seem. Make sure the ultimate solution is clear. After you have a solution, make sure the solution is clear on the forum. Sometimes this will have been done for you by others on the forum. But, not always. It never hurts to post a summary of your solution. Also helpful, post specific examples. Be nice, be kind, see things from the perspective of others. This goes both for those that post questions and those that post helpful answers. If someone asks a question that violates any of these suggestions or guidelines, don’t get angry. Don’t be passive-aggressive. If you say anything, be as helpful as you can. It is okay to ask for more information. If you’re asking for help, don’t blame those that are helping you for what are almost never their mistakes or faults. Still need advice on asking for help? Find other questions that were answered and that generated extensive discussions. Analyze the content, structure, look, feel, and tone of those questions. Replicate what has shown to succeed before you.
Either an AI or human that does not have grammar check. "The reason private assistance is less than desirable is that the reason for seeking, and for providing, help online is that it’ll multiple the effects of your efforts..."
Well it does but to a very limited capacity, based on the notion that the price continues to move the indicator in the same fashion and pattern.
I see.. I learn something new here but how about the trading/broker platform? how do u guys choose before decide to invest and make money there?