TMACD Divergence searches for Triangular Moving Average Convergence/Divergence oscillator divergences and displays them.
The indicator has three input parameters:
- Fast MA period
- Slow MA period
- Applied price
TMACD indicator signal line is not involved in the calculations
Fig. 1. TMACD Divergence
Fig. 2. TMACD Divergence + TMACD
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