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MACD Divergence Tops + Bottoms

32 944
MACD Indicator which plots local peaks and troughs in divergence.

"Classic" Divergence is specified as:
- A higher price, with reduced MACD high --> Potential Sell Point
- A lower price, with higher MACD low --> Potential Buy Point

"Alternative" Divergence is specified as:
- A higher MACD high, with reduced price --> Potential Sell Point
- A lower MACD low, with higher price --> Potential Buy Point

MACD Divergence should be used in combination with other indicators. This indicator identifies local tops and bottoms, with potential for macro trend shifts.

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