Timeframe M1 · unit pts
The instantaneous gap between the MACD line and its signal line - a second derivative of the underlying momentum. When positive, the MACD is above its own average, meaning momentum is accelerating up.
Positive histogram = MACD is gaining speed upward relative to its own smoothed baseline. Negative = MACD is losing speed downward. The bars of the histogram shrinking to zero signal a deceleration, not necessarily a reversal.
Imagine the MACD as a car and the signal line as the car's cruise-control target. The histogram tells you whether the car is above or below its own cruise-control setting - above means accelerating, below means decelerating.
Janira computes MACD Histogram (M1) deterministically from live price action, the same way for every reading - no discretion, no hidden weighting. This page explains the method; it is not a live reading and not advice.