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how to define MACD divergency

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hanshwang

Subscriber, bbp_participant, 1 replies.

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3 years ago #259746

Hello I am a new client, I felt that algowizard is very powerful, but still con’t find detail instuction.

I want to defin MACD divergency, which is the price break the highest high or lowest low, but MACD not.

example:  as the chart

When MACD cross up at the place I circled,

check that the price have reached a new lower ( the arrow I drawed at the main candal chart ),

and the MACD is not ( check the two price lowest bar, the MACD is not lower than the previous one)

How can I define this in algowizard please.

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tomas262

Administrator, sq-ultimate, 2 replies.

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3 years ago #259761

Hello,

find the example on MACD divergence attached. It is not perfect but you can grasp the concept

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hankeys

Customer, bbp_participant, community, sq-ultimate, 487 replies.

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3 years ago #259765

we certainly need to add all “divergences” as a building blocks – there are very strond signals –

i already talked about it with Tomas and Kornel – https://www.quastic.cz/forums/topic/pridani-indikatoru/

we need to push this

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