Hello everyone........., I've always been interested in the concept of divergence in trading, as a leading signal. Recently I created a own version of macd divergence indicator. The goal of this thread is first of all to share it with those who're used in divergence trading as well as to improve the indicator as much as possible, so that it becomes the Ultimate MACD Divergence Indicator! The indicator generally has been implemented with 5 main parameters such as MACD price type, divergence detection methods, divergence length, divergence filter...
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Hi,
Really love the indicator. It looks great. Is there any way to remove the "alert shift" function so that the dots appear immediately on the chart, as opposed to 2 candles later?
{quote} Hi, Really love the indicator. It looks great. Is there any way to remove the "alert shift" function so that the dots appear immediately on the chart, as opposed to 2 candles later?
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Thanks for sharing your opinion!
When it comes to the dots or arrows which representing the presence of for example, price peaks or troughs,
there is a minimum requirement of 2 closed bars!
Due to the fact that peaks and troughs usually are formed within a minimum of 3 bars,
it is necessary to have 2 closed bars.
Otherwise, the indicator would exhibit repainting behavior!
