Get started
mrbtc-trade

Divergence MACD RDHD

mrbtc-trade  
Moving Average Convergence / Divergence (MACD) macddivergence Divergence macd-bullish-divergence macd-bearish-divergence macd-histogram macdhistogram
10
0
macd macddivergence divergence macd-bullish-divergence macd-bearish-divergence macd-histogram macdhistogram
This indicator helps find divergences in the MACD .

MACD is an extremely popular indicator used in technical analysis . MACD can be used to identify aspects of a security's overall trend. Most notably these aspects are momentum, as well as trend direction and duration. What makes MACD so informative is that it is actually the combination of two different types of indicators. First, MACD employs two Moving Averages of varying lengths (which are lagging indicators) to identify trend direction and duration. Then, MACD takes the difference in values between those two Moving Averages ( MACD Line) and an EMA of those Moving Averages (Signal Line) and plots that difference between the two lines as a histogram which oscillates above and below a center Zero Line. The histogram is used as a good indication of a security's momentum.

Here we show the common and hidden divergences by announcing the following:

RD+: Regural Bullish divergence
RD-: Regural Bearish divergence
HD+: Hidden Bullish Divergence
HD-: Hidden Bearish Divergence

Contact us to prepare an indicator.
Send us a Direct Message or Contact us through Telegram
/Website.
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact mrbtc-trade for more information, or follow the author's instructions below.

Please note that this is a private, invite-only script that was not analyzed by script moderators. Its compliance to House Rules is undetermined. TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Disclaimer

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.

Author's instructions

The author of this script can no longer grant access to it. Please don't request access.

Want to use this script on a chart?

Warning: please read before requesting access.