MACD Divergence +

This study plots MACD Divergences and has the option of plotting a Top Dog Trading - MOM and DAD Version of the MACD

MACD Histogram and outline change color when increasing or decreasing above or below the zero-line,

Background also changes color according to MACD Line cross of Signal Line and 0 line or The Direction of DAD

Plenty of Alerts so that you dont have to stare at the screen all day
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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