Current location - Trademark Inquiry Complete Network - Futures platform - What does 60 minutes MACD gold fork mean?
What does 60 minutes MACD gold fork mean?
The 60-minute MACD golden fork is a common technical analysis index, which is used to predict the price trend of investment varieties such as stocks, futures and foreign exchange. Mainly focus on the intersection of moving average (MA) and similar moving average (D). "60 minutes" here means that the analysis period is 60 minutes, while "MACD golden fork" means that the short-term moving average (usually 12 days) crosses the long-term moving average (usually 26 days) from below to form an upward intersection, that is, the golden fork. This intersection is usually regarded as a buying signal, which means that the price may rise.

The calculation method of MACD index is as follows: First, calculate the fast moving average (EMA 12) and the slow moving average (EMA26), and then calculate the difference between them, that is, DIF =EMA 12-EMA26. Then, the moving average of DIF is calculated, that is, DEA =EMA(DIF, 9). Finally, through the intersection of DIF and DEA, the buying and selling signals are judged. When DIF crosses DEA from below to form a golden cross, it is a buy signal. When DIF crosses DEA from top to bottom to form a dead fork, it is a sell signal.

It should be noted that the MACD indicator is not omnipotent, and the signal it sends may be wrong. Therefore, when using MACD golden fork to make trading decisions, it is suggested to combine other technical indicators and market environment for comprehensive analysis to improve the accuracy of investment decisions.