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Forex · indicator signal

MACD bullish cross on GBP/INR

On GBP/INR the macd bullish cross showed up 176 times. The target came first 39% of the time, the stop 56%, and 5% went nowhere within 12 candles.

Counted on GBP/INR: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily3936%54%10%
Hourly13739%57%4%

GBP/INR against the rest

ChartsFoundTarget firstStop firstWent nowhere
GBP/INR17639%56%5%
All Forex charts3,54236%56%8%
Every market58,27536%55%9%

Year by year

YearFoundTarget firstStop first
2016425%75%
2017757%29%
2018333%67%
201940%75%
2020425%50%
2021633%67%
2022650%50%
20242157%38%
20256538%60%
20265435%59%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the macd bullish cross is

Below zero, the MACD line crossed above its signal line.

Picture a sled sliding downhill that starts to slow down. It is still going down, just less fast. MACD is a gauge that shows this kind of speeding up and slowing down, and a bullish cross below zero hints the fall is losing speed.

The full macd bullish cross lesson, video and quiz ›

Other patterns on GBP/INR

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · MACD bearish cross · Doji · EMA 9/21 bearish cross · EMA 9/21 bullish cross · Bearish marubozu · Bullish marubozu · all of them

The macd bullish cross elsewhere

GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · EUR/GBP · AUD/USD · USD/CAD · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · Gold · Silver

Questions

How often does the macd bullish cross work on GBP/INR?

In 176 cases on GBP/INR, the target (1.5 × ATR) came before the stop (1 × ATR) 39% of the time and the stop came first 56%; 5% went nowhere within 12 candles.

What is the macd bullish cross?

Below zero, the MACD line crossed above its signal line.