MACD is a common technical analysis index in the futures market. It consists of two exponential moving averages (EMA) and a bar chart. Among them, the short-term moving average indicates the recent price trend, and the long-term moving average indicates the longer-term price trend. The bar chart shows the difference between the two EMAs, so as to judge the trend and change of the market.

When the short-term moving average goes up through the long-term moving average, the MACD column will become positive. This means that the upward trend of the market is strengthening, so we can consider buying. On the contrary, when the short-term moving average goes down through the long-term moving average, the MACD column will become negative. This shows that the downward trend of the market is increasing, and it may be necessary to consider selling. The height difference of MACD column contains the direction and intensity of market movement and is an important index to guide trading decision.

How to use MACD in combination with other indicators

MACD's technical analysis indicators can be combined with other indicators to improve the accuracy of judging market trends. For example, the golden fork and the dead fork of MACD (that is, the intersection of short-term moving average and long-term moving average) can be combined with indicators such as KDJ, RSI and Bollinger Band to confirm each other and make trading decisions. At the same time, it is also necessary to understand the main market trends and market sentiment, comprehensively use analytical tools to determine the trend direction, and formulate trading strategies more accurately.