MACD Divergence Templates

Template Description

The MACD Daily/Weekly Bullish/Bearish divergence templates are used to research potential MACD divergences. There are 4 granularities of divergence detection included along with a confirmation signal based on an EMA 8/21 cross. The four granularities are based on how large of a zig-zag move the stock must have made since the prior bottom (Z%). The four granularites are presented in grouped columns in the report.

In addition to divergences between Price and MACD, the template outputs a comprehensive set of MACD indicator conditions that allow the trader to determine:

  • MACD cross above/below the zero line
  • MACD cross above/below the signal line
  • Extent of MACD above/below the zero line

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