MACD Divergence

This indicator detects "MACD Divergence", and report you by changing the background.

Release Notes

Version 1.3 released.
When "Golden Cross" occurs, this indicator will plot Green-colored Up Arrow. Whereas, in the case of "Dead Cross", Red-colored Down Arrow will plot.

When "Bullish Divergence" occurs, this indicator will plot Up (Green) Arrow with Green Background. Whereas, in the case of "Bearish Divergence", Down Arrow (Red) with Red Background will plot.

When two Green Backgrounds appear in a row (except White Background), that means "Dobule Bullish Divergence" occurred. Whereas in case of two Red Backgrounds appear in a row (except White Background), that means "Dobule Bearish Divergence" occurred.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

ALEXSHORT

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.

Protected script

This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.

ALEXSHORT