MACD Divergence Indicator
Platform: MT4 Type: Pattern Last update: October 7, 2024The MACD Divergence indicator is a forex trading tool based on the well-known Moving Average Convergence / Divergence indicator.
It recognizes, spots, and displays divergences. Additionally, it will draw divergence lines. Reaction from these lines will be a good entry point.
We give you 2 versions of MACD Divergence. The second one draws arrows after bullish or bearish divergence spotted. It is capable of discovering three types of divergences: classic, hidden and extended.