Macd regular divergence on Indicator – How to also show hidden divergence

• 03/14/2019 at 4:44 AM #93578
  Frans Botha

  Hi everyone

   

  I found this indicator that draws the divergence line on the indicator and price chart.

  It only draws the regular (reversal) divergence and not hidden(continuation) divergence.

  Tried to change the code to also show the hidden divergence but was unsuccessful

  If anyone knows how to do this successfully can you please share it, thanks.

   

  Link to original

  https://www.prorealcode.com/prorealtime-indicators/macd-divergences-on-price-and-indicator/

   

   

   

  

  Frans Botha

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  03/14/2019 at 11:58 AM #93621
  Nicolas

  Please define precisely the “hidden divergences” conditions (and with pictures), in your next post. Thanks in advance.

  

  Nicolas

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  03/14/2019 at 1:26 PM #93629
  Frans Botha

  Thanks Nicolas

   

  Example: Market is in a Bull trend

  – Hidden (continuation) divergence

  • Price:  Higher  Lows   –    Macd:  Lower Lows

  – Regular (Reversal) divergence

  • Price:  Higher  Highs   –    Macd:  Lower Highs

   

  **The indicator is currently only showing Regular divergence

  see attachment

   

  • Hidden Divergence 001
  • Hidden Divergence 002
  • Macd Hidden Divergence 1 (Wrong-Ignore this)
  • Macd Hidden Divergence 2 (Wrong-Ignore this)

  

  Frans Botha

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  03/14/2019 at 1:50 PM #93634
  Frans Botha

  Sorry Jpegs    “Macd Hidden Divergence 1   &  Macd Hidden Divergence 2”   are wrong

   

  Hidden Divergence 001  &  Hidden Divergence 002  are correct

  

  Frans Botha

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  03/14/2019 at 4:23 PM #93654
  Nicolas

  What are the settings of your MACD please? Seems different than the default 12,26,9 periods.

  

  Nicolas

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  03/14/2019 at 5:08 PM #93665
  Frans Botha

  Macd 3,10,5

  

  Frans Botha

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