PROTECTED SOURCE SCRIPT

MACD Divergence

Updated
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.
Moving Average Convergence / Divergence (MACD)

Protected script

This script is published closed-source and you may privately use it freely.

Want to use this script on a chart?

Disclaimer