MACD divergence simple explanation
MACD-Div indicates fractal divergence by MACD indicator.
When divergence appears between MACD and the price, it indicates a high probability that the current trend will finish soon. A signal to buy is when a new Low-fractal is formed below the previous one and a corresponding MACD value is higher than the previous one. A signal to sell is when a new Up-fractal is formed above the previous one and a corresponding MACD value is lower than the previous value.
has anyone designed the indicator like the picture below and want to share it here?
thanks in advance
candlestick + SnR + MACD divergence = more profitable
MACD-Div indicates fractal divergence by MACD indicator.
When divergence appears between MACD and the price, it indicates a high probability that the current trend will finish soon. A signal to buy is when a new Low-fractal is formed below the previous one and a corresponding MACD value is higher than the previous one. A signal to sell is when a new Up-fractal is formed above the previous one and a corresponding MACD value is lower than the previous value.
has anyone designed the indicator like the picture below and want to share it here?
thanks in advance
candlestick + SnR + MACD divergence = more profitable
Attached Image