MACD Divergences by @DaviddTech

This indicator helps find divergences in the MACD.

This uses the modification of the TV built-in "Divergence indicator" (Version 10) that I have applied to the MACD.

Usage:
Add the indicator to your chart and then watch for it to plot divergences.

Release Notes

Quick update of the chart

Release Notes

added a "Don't touch the zero line".
* BULL must be below the zero line
* BEAR must be above the zero line

Release Notes

Updated a quick bug

Release Notes

Fixed a bug with the zero line.

Release Notes

Added alerts

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

daviddtech

✅💰⚡ Become part of the community get early get access here:
daviddtech.com
🔥Telegram Group:
t.me/DaviddTech
⚡ Videos & Tutorials :
youtube.com/channel/UC7NJLsf6IonOy8QI8gt5BeA?sub_confirmation=1

♥ @DaviddTech

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Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Open-source script

For quick access on a chart, add this script to your favorites — learn more here.

daviddtech

Also on: