Indicator showing potential momentum divergences on MACD Momentum.
The problem with the classic divergence is that when the signal appears, it is sometimes too late to enter a trade. The potential divergence corrects this problem by signaling the beginning of a potential divergence.
MACD is a momentum indicator that offers relevant insights with divergences.
Potential divergences are indicated with the letter B and a red color for Bearish Div or Green color for Bullish Div . Potential divergence is confirmed when the line and the label "Bear"' or "Bull" appear.
@dogekao, Hey, thanks for the support, much appreciated!
rajuapr999
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Thankyou for your efforts sir, it is good working.
jeanpierre67
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Amazing work , would you please make an indicator to be able put other indicator as source so it can do same to our desired indicator ? I really appreciate your effort