Hey there, fellow traders!
After the success of my original indicator, I've been hard at work creating more tools to help you spot divergences between price and other indicators. Today, I’m excited to introduce the FX5 MACD Divergence Indicator!
This nifty indicator plots divergence lines right on the MACD, giving you clear buy and sell signals with green and red arrows. Plus, it comes with a built-in alert feature to keep you on your toes. Just like the original, bullish divergence is represented in green lines, while bearish divergence shows up in red. If the divergence is classic, you’ll see solid lines; if it’s reversed, those lines will be dashed.
I truly hope you get the most out of this indicator and that it boosts your trading strategy!
What’s New in Version 1.1?
- This version is tailored for traders who prefer signals that don’t repaint. While the signals are reliable, keep in mind that they might lag by one candle.
Happy trading!
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