OPEN-SOURCE SCRIPT
MACD divergence with line drawing by Rexio
Another appoach to finding divergences at MACD. This time I think it is much smoother so I could check for divergences between two "peaks" at MACD.
I added my SL line which is last peak +- 1xATR. And the second line is peak between two points of divergence and most of the time it acts like an SR line.
If the higher timeframe trend backs up our divergence (for example: higher trend UP - divergence for L position) I can try to jump in after crossing EMA10.
This indicator is only sugestion for me. I always check price action, trend, SR line before I take any action.
Every people who will test this indicator need to know basics about divergences as THISE ARE NOT BUY/SELL SIGNALS.
If you want to help me and support my coding please contact me via private msg.
I added my SL line which is last peak +- 1xATR. And the second line is peak between two points of divergence and most of the time it acts like an SR line.
If the higher timeframe trend backs up our divergence (for example: higher trend UP - divergence for L position) I can try to jump in after crossing EMA10.
This indicator is only sugestion for me. I always check price action, trend, SR line before I take any action.
Every people who will test this indicator need to know basics about divergences as THISE ARE NOT BUY/SELL SIGNALS.
If you want to help me and support my coding please contact me via private msg.
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免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。