The indicator draws a moving average line calculated based in the low and high prices over the given interval of bars.
where Min, Max are the lowest and the highest prices in the range between (i-Period + 1) and (i).
It has two parameters:
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/19958
The indicator searches for divergences and displays them on the chart of the signal line of the custom MACD indicator.MACD_Divergence
The indicator searches for divergences and displays them on the chart of the custom MACD indicator.