When prices rise, the 9 crosses above the 25 slightly before the 12 crosses above the 25. When they fall, it crosses below the 25 slightly before the 12 does. So in overall effect, you’re actually trading the 12/25 crossovers, here.
Good luck with it - hoping the great results continue!
It’s the kind of MA system that can go well in smoothly trending periods.
This is quite right. When I first started reading the discussions in this forum, I was very surprised at the almost-universal misunderstandings of how the MACD actually operates and what it actually displays. And then I discovered this interesting post and suddenly the whole issue here, including all the misunderstandings, made complete sense!! 