MACD Divergence

Discussion in 'Technical Analysis' started by Trade4_Freedom, Jan 13, 2013.

  1. I am kind of confused on whether the MACD line or MACD histogram is used for the divergence indicator against the price.

    Can someone shed some light on this?

  2. MACD lines.And the wider the divergence-better the signal
  3. Bry


    You can use the MACD lines or the histograms, and you can use any oscillator to find divergence.

    How effective each one is, is a different matter.
  4. +1
  5. a few programs have indicators for them that'll indicate divergence signals on the
    price chart and macd indicator
    attached illustrates one for MetaTrader 4 on a 60m of the eurusd
    MACD Histogram
    also GMACD and GMACD Signals