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Potentialpattern

MACD Potential Divergence - FontiramisuIndicator showing potential momentum divergences on MACD Momentum. The problem with the classic divergence is that when the signal appears, it is sometimes too late to enter a trade . The potential divergence corrects this problem by signaling the beginning of a potential divergence . MACD is a momentum indicator that offers relevant insights with divergences. Potential divergences are indicated with the letter B and a red color for Bearish Div or Green color for Bullish Div . Potential divergence is confirmed when the line and the label "Bear"' or "Bull" appear.
Pine Script® indicator
by Fontiramisu
Updated Jul 11, 2022
66

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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