Divergence on the MACD can be a powerful wink and a nod. This handy little helper tries to identify divergence on the MACD or more specifically a lower high within the same time cycle, if that makes sense. A divergence between price and the MACD may not be the best signal as the trend may still be intact. The best signals I have found have been when price begins to level out or reverse at the same time. You can see it for your self.

Download the Raefontrading pack with a 30 day free trial from the indicators page.

Total cost $70 AUD.

I personally prefer to keep with the trend. This indicator like most of the other good trigger indicators can be easily used within a strategy.

ALL future updates will be free to owners.