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.