The MACD (Moving Average Convergence Divergence) isn’t a must-have on your chart, but having it can greatly enhance your trading insights.
When you attach the standard MACD to your setup, the divergence lines will automatically appear both on your chart and in the indicator window. This integration means that the indicator will utilize the MACD settings you’ve configured.
Understanding the Lines:
- Solid Line: This represents classic divergence.
- Dotted Line: This indicates reverse divergence.
You can customize the appearance of these lines by adjusting the ColorBull and ColorBear variables to suit your preferences.
Additionally, you have the option to set up alerts for when divergence occurs. You can even select the message language, including English, making it user-friendly for everyone.
Comments 0