OPEN-SOURCE SCRIPT
MACD Divergence H/R

Here's a fun script we been working on, let us know what you add!
Short-Forms Used
histogram(hist)--> value of macd Histogram
Low-Price--------> Candle's Low Price
High-Price-------> Candle's High Price
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-Regular_bulls =====> Lowest(red hist) in Previous red hists is > Lowest(red hist) in Current red hists
and Lowest(Low-price) in Previous red hists is < Lowest(Low-price) in Current red hists
and Lowest(red hist) in Previous red hists is < -Histograms Minimum Value Required
and Lowest(red hist) in Current red hists is < -Histograms Minimum Value Required
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-Hidden_bulls =====> Lowest(red hist) in Previous red hists is < Lowest(red hist) in Current red hists
and Lowest(Low-price) in Previous red hists is > Lowest(Low-price) in Current red hists
and Lowest(red hist) in Previous red hists is < -Histograms Minimum Value Required
and Lowest(red hist) in Current red hists is < -Histograms Minimum Value Required
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-Regular_Bears =====> Highest(Green hist) in Previous Green hists is < Highest(Green hist) in Current Green hists
and Highest(High-price) in Previous Green hists is > Highest(High-price) in Current Green hists
and Highest(Green hist) in Previous Green hists is > Histograms Minimum Value Required
and Highest(Green hist) in Current Green hists is > Histograms Minimum Value Required
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-Hidden_Bears =====> Highest(Green hist) in Previous Green hists is > Highest(Green hist) in Current Green hists
and Highest(High-price) in Previous Green hists is < Highest(High-price) in Current Green hists
and Highest(Green hist) in Previous Green hists is > Histograms Minimum Value Required
and Highest(Green hist) in Current Green hists is > Histograms Minimum Value Required
Please drop a like and comment :)
-Angel Algo
Short-Forms Used
histogram(hist)--> value of macd Histogram
Low-Price--------> Candle's Low Price
High-Price-------> Candle's High Price
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-Regular_bulls =====> Lowest(red hist) in Previous red hists is > Lowest(red hist) in Current red hists
and Lowest(Low-price) in Previous red hists is < Lowest(Low-price) in Current red hists
and Lowest(red hist) in Previous red hists is < -Histograms Minimum Value Required
and Lowest(red hist) in Current red hists is < -Histograms Minimum Value Required
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-Hidden_bulls =====> Lowest(red hist) in Previous red hists is < Lowest(red hist) in Current red hists
and Lowest(Low-price) in Previous red hists is > Lowest(Low-price) in Current red hists
and Lowest(red hist) in Previous red hists is < -Histograms Minimum Value Required
and Lowest(red hist) in Current red hists is < -Histograms Minimum Value Required
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-Regular_Bears =====> Highest(Green hist) in Previous Green hists is < Highest(Green hist) in Current Green hists
and Highest(High-price) in Previous Green hists is > Highest(High-price) in Current Green hists
and Highest(Green hist) in Previous Green hists is > Histograms Minimum Value Required
and Highest(Green hist) in Current Green hists is > Histograms Minimum Value Required
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
-Hidden_Bears =====> Highest(Green hist) in Previous Green hists is > Highest(Green hist) in Current Green hists
and Highest(High-price) in Previous Green hists is < Highest(High-price) in Current Green hists
and Highest(Green hist) in Previous Green hists is > Histograms Minimum Value Required
and Highest(Green hist) in Current Green hists is > Histograms Minimum Value Required
Please drop a like and comment :)
-Angel Algo
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Access our exclusive tools at: angelalgo.com
Join our community via discord.gg/FGUTfkmYbW
All content from AngelAlgo is for informational and educational purposes only. Please note that past performance does not guarantee future results.
Join our community via discord.gg/FGUTfkmYbW
All content from AngelAlgo is for informational and educational purposes only. Please note that past performance does not guarantee future results.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que la republicación del código está sujeta a nuestras Normas internas.
Access our exclusive tools at: angelalgo.com
Join our community via discord.gg/FGUTfkmYbW
All content from AngelAlgo is for informational and educational purposes only. Please note that past performance does not guarantee future results.
Join our community via discord.gg/FGUTfkmYbW
All content from AngelAlgo is for informational and educational purposes only. Please note that past performance does not guarantee future results.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.