MACD Divergence (TOS Mobile App Compatible!)

MACD Divergence (TOS Mobile App Compatible!)

$129.00 Regular Price
$99.00Sale Price

This package includes two custom ThinkOrSwim studies for MACD Divergence. This indicator is used to determine the divergence between the MACD histogram and price. When the histogram makes a lower low and price makes a higher low, this is known as a divergence. These divergences can be used to signal price reversal or continuation. Chart indicator also works on ThinkOrSwim mobile app!

 

Details:

  • Their are four indications (Bull Divergence, Bull Continuation, Bear Divergence, Bear Continuation) and the arrow colors can all be customized.
  • This package includes two ThinkOrSwim indicators, one for the chart and the other as a lower study.
  • This indicator works across all securities.
  • The MACD is customizable for the fast length, slow length, smoothing period and average type.
  • The lookback period for the divergences can also be adjusted.

    DISCLAIMER:

    Indicators are for educational purposes only and should not be construed as investment advice.

    All products are distributed solely for PERSONAL USE ONLY. License information included in all files provided.