If a bar of the indicator’s histogram crosses the zero boundary moving upward and the MACD lines have crossed and are rising, this is a signal that the price will probably go up.
Note: you need to wait until the bar is completely formed before you open a trade.
Follow the timer on the chart – the end of the countdown means that the bar is finished forming.
If a bar of the indicator’s histogram crosses the zero boundary moving downward and the MACD lines have crossed and are descending, this is a signal that the price will probably go down.
One more important point: as the price develops, the distance between the MACD line and signal line will change.
The objective of the histogram is to show how close or far apart the two indicator lines are.
Also, when the histogram is above the zero line and its value is increasing, the price usually rises.
When the histogram is below the zero line and its value is increasing, the price usually falls.
