MACD Divergences Demo
MACD Divergences Demo(use on EURAUD)
Using divergences is very common in trading strategies.
But finding opportunities for trading with the eyes is very difficult and sometimes we lose those opportunities.
The indicator finds all the regular and hidden divergences. (RD & HD)
It uses an advanced method to specify divergence.
This indicator is very functional and can greatly improve the outcome of your trading.
This is a multi-time-frame indicator(Under M15 is not recommended).
You can change the colors as you like.
Indicator detects price pivots and checks the corresponding value of pivots on the MACD(12,26,9) indicator.
When divergence is detected(price movement and oscillator in the opposite direction), it is plotted bylines in the chart and oscillator.
Demo Version Limitations
- The demo version of the indicator is free and functional on EURAUD.
The full version of the indicator is available here
- MACD Settings:
- Fast EMA
- Slow EMA
- MACD SMA
- Apply to
- Show Signal Line
- Divergence Settings:
- Bullish Divergence Color
- Bearish Divergence Color
- Thickness Of Divergence Lines
- Style Of Divergence Lines
- Alert (You can enable or disable Alert)
- Divergences Filter (You can choose to show regular or hidden divergences or both)
- Sending Push Notifications(the user can choose to send push notifications or not)
If you are looking for an indicator to detect divergence in RSI, MFI, OBV, and CCI, please click here.
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This indicator has been created for finding the probable reversal points of the symbol price. A small candlestick reversal pattern is used it its operation in conjunction with a filter of extremums. The indicator is not redrawn! If the extremum filter is disabled, the indicator shows all points that have a pattern. If the extremum filter is enabled, the condition works – if the history Previous bars 1 candles back contains higher candles and they are farther than the Previous bars 2 candle, such
Failed divergences notification added.
The failed divergences notification and the email notification will be added very soon.
The detection algorithm is optimized.
The user can send the custom text in the notification.