how to define MACD divergency
2 replies
hanshwang
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.
tomas262
3 years ago #259761
Hello,
find the example on MACD divergence attached. It is not perfect but you can grasp the concept
hankeys
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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