OPEN-SOURCE SCRIPT
Bullish Divergence MACD Screener Test 1
This script identifies stocks where the price has made a new low while the MACD has made a higher low, indicating a potential bullish divergence. You can input this script into TradingView's Pine Editor to create your custom screener.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. You can favorite it to use it on a chart.
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Disclaimer
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