Timeframe M1 · unit pts
The raw difference between the 12-bar and 26-bar exponential moving averages of close prices. It captures the momentum gap between short-term and medium-term trend.
Above zero means the short EMA is above the long EMA (up-momentum leads). Below zero means the long EMA dominates (down-momentum leads). The absolute level depends on the price scale.
The MACD line measures whether the 'sprint average' (12 bars) is ahead of or behind the 'marathon average' (26 bars). Positive = sprint is winning; negative = marathon leads.
Janira computes MACD Line (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.