divergence software, inc.
Development & Consulting Services
Product Detail
MACD Divergence Indicator
TradingView indicators will be activated for your TradingView account and no installation is required. eSignal indicators will be delivered to you via email in zip files. Some of the more complex indicators have installer programs. In most cases we will require your eSignal username so that we can set up the entitlement for the indicator(s) you have purchased.
The majority of our indicators are licensed for a one-time fee (i.e., non-recurring). However, we do have some subscription-based products, including marketDirection Monitor, Harmonic Pattern Collection, and S/R Analyst Pro.
Description
This indicator will identify divergences (select from Standard or Hidden) between price action and the MACD plot. A very thorough algorithm is used and it will accurately detect and/or extend all divergences. When the script is first loaded, it will mark all divergences found in the historical data and it will check for divergences as each new bar arrives in realtime. An extensive menu of options is provided which give you complete control over the underlying indicator, the divergence-checking logic, and alerts. Requires eSignal Username upon purchase.
Specifications
- Product ID: DIV34
- Study only, no source code provided
- Requires eSignal 12.x or newer