OPEN-SOURCE SCRIPT
Updated MACD Divergences

Update of MACD indicator which shows the most recent, and developing, price action divergences with the histogram.
Release Notes
Updated chart imageRelease Notes
Updated to now include all past divergences, and fix bug which stopped indicator updating.Release Notes
Updated to include MACD variable inputs, and show MACD plot and MACD signal plot.Release Notes
Improved label positionsRelease Notes
Added alerts and tidied scriptRelease Notes
Bug fix (hopefully): Stopped lines drawing onto each increasing histogram bar of current island.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.