MACD Divergence
It occurs when the price action and the MACD's histogram are moving in opposite directions, suggesting an early sign of reversal.
When the price action is making lower lows while the MACD indicator is making higher lows, a regular bullish divergence forms.
This indicator detects four types of divergences:
Regular bear divergence marked in a red R tag, hidden bear divergence marked in a red H tag, regular bull divergence marked in a green R tag, and hidden bull divergence marked in a green H tag.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact dhedgie directly.
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Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact dhedgie directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.