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I am looking for MACD / Price divergence AFL. I know it should be right
under my nose but I had "a man's look" and everything I tried does not
quite work to my expectations.
MACD divergence scripts I found on this forum and in AFL library fail
to identify and compare major peaks and troughs in MACD fast line and
compare them to Price action peaks and troughs. Often a minor change in
fast MACD line triggers divergence signal.
Even though this my delay the signal, I am thinking of using slow/fast
MACD line cross over as a confirmation that the "major" peaks and
troughs have occurred and are locked in.
I appreciate if members could point me to a simple code example that
works.
Regards
Richard
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