1 on 1: - Rob Booker

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Because the MACD line measures the difference between the EMAs, it always equals zero when the EMAs are equal to each other. 5
6 The next element of the whole MACD indicator is the slow or trigger line. It is a 9 period EMA of the MACD line. In the same way that a moving average is made up of the average value of close prices for a given number of time periods, the trigger line is made up of average values of the MACD line for a given number of periods. 9 is the given number, in the case of the default settings. If this was confusing to you, I will tell you that this was confusing to me at first, too. I simply drilled some holes in my head, dumped out some old information, and then re-read the paragraph above. People tend to say that MACD is giving a “bullish signal” when the MACD line crosses above the trigger line. In the same way, it is said to be a bearish signal when the MACD line crosses below the trigger line.
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1 on 1: - Rob Booker

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