This custom study will help you to quickly identify the MACD Divergence signals in the Watchlist.
http://www.patternsmart.com/cart/index.php?route=product/product&path=57_78&product_id=281
It will detect all Positive/Negative (bearish/bullish) MACD Divergence based on your settings.
The algorithm of this Custom Quotes is same as our MACD Divergence indicator.
Features:
- You can change all MACD parameters:
- length: The number of bars used to calculate the MACD.
- price: The price used to calculate the MACD.
- average type: The type of moving average to be used in calculations: simple, exponential, weighted, Wilder's, or Hull.
- Length 1&2: Define the range of bars that used to calculate the recent High and previous High, as shown in picture.
- Percent: The difference between High1 and High2, as shown in picture.
- MACD_Percent: The difference between MACD1 and MACD2, as shown in picture.
- Available in all time periods and Applicable for all securities.
- You can set multiple columns to display prices in various time periods.
- Sorting the list based on your own preferences.
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