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Views:: 6374
Rating:: (20)
Published:: 2018.11.20 12:43

TMACD_Divergence.mq5 (32.01 KB) view

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TMACD Divergence searches for Triangular Moving Average Convergence/Divergence oscillator divergences and displays them.

The indicator has three input parameters:

Fast MA period
Slow MA period
Applied price

TMACD indicator signal line is not involved in the calculations

Fig. 1. TMACD Divergence

Fig. 2. TMACD Divergence + TMACD

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23128

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TMACD_Divergence - indicator for MetaTrader 5