OPEN-SOURCE SCRIPT

MACD Divergence [ALERTSETUP]

A request I thought would be useful to code.

Very simple script that allows to create alerts on MACD divergences, based on wanliyu script.

I also removed the security function to avoid repainting.

Red background is bearish divergence and green background is bullish divergence.

Enjoy !
Moving Average Convergence / Divergence (MACD)macdivergence

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 publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


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