This separate-pane indicator plots a MACD line, a signal line, and a histogram whose colors show whether the histogram is rising or falling above or below zero. The oscillator and signal can each use an SMA or an EMA, and an optional marker highlights MACD and
Indicator · Pine Script v6 · Own pane
MACD Divergence Analysis
This indicator calculates the MACD line, signal line, and color-coded histogram in a separate pane below the chart.
GitHub stars1on the repository
Pine versionv6current
Lines of code70
Settings5inputs
LicenceNone stated
Last update1 year ago31 Mar 2025
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
MACD Divergence Analysis includes a specialized divergence detection algorithm that splits a lookback period into recent and older segments to compare price extremes against MACD highs and lows. Bullish and bearish divergence signals are drawn as triangle shapes directly on the main price chart. Key settings allow customization of fast, slow, and signal EMA lengths, as well as the divergence lookback window.
- MACD oscillator with dynamic color-coded histogram
- Segmented lookback divergence detection for price and MACD
- Visual shape overlays on price chart for bullish and bearish signals
- Configurable EMA lengths and divergence lookback parameters
Details
Published by
fuyuanyuan on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum, Divergence, Moving averages
Markets
Crypto
Timeframes
M1-M5, M15-H1, H4 and above
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| 快线周期 | int | 8 | fast_length |
| 慢线周期 | int | 21 | slow_length |
| 信号线周期 | int | 9 | signal_length |
| 背离检测周期范围 | int | 24 | divergence_lookback |
| 价格源 | source | close | src |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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