Dreadblitz

Double MACD Buy and Sell

Indicator for strategy that was used in a Forex competition and was a winner. Use double MACD with custom settings, search video on YouTube:

Learn Five Powerful MACD Trading Strategies

Add some tools to analyze the market context a little more:

- Detector of regular and hidden divergences.
- Atlas Zone (detects consolidation that is about to generate a movement)
- Choppines zone configurable (detects if the market is stable or not)

Visualization of entries in trend and counter-trend according to the rules described in the video.
Buy and sell alerts.

Note: I do not recommend using only this indicator as an investment strategy, it is another tool that must be complemented with a market study by the trader.
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Hi, offset set to "-2" on plotshape function, seems to indicate this divergence indicator is repainting (thus divergences don't appear when candle closes but it appears after another two candles closes). Am I correct?
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@Fomogo, Hello, the divergence is correct 2 candles appear later, the confirmation of new maximum or minimum is required to generate the divergence
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Fomogo Dreadblitz
@Dreadblitz, Thanks for your reply! This indicator is not useful then. Divergences are used to predict that the next candle after the peak will go up/down. If you get the signal only after two candles, it's already too late. Any idea on how to correct this?
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What is the name of the indicator please?
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@mionyx60, MACD_X
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Atlas Zone is good idea !
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Dreadblitz keitandama
@keitandama, Thank you
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Ultranice!
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@dilace, Thank you
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