ALEXSHORT

MACD Divergence

ALEXSHORT 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.
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This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
Disclaimer

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