What is zero line in MACD?

Discussion in 'Technical Analysis' started by freewilly, Sep 26, 2006.

  1. I undersatnd the meaning of MACD, MA, sort of stuff, but what is the meaning of the zeron line. Does it mean that on t hat line, the difference of 26 MA and 12 day MA is zero?
  2. Yes.
  3. Tums


    that's the "C" in MACD.
  4. Thanks.