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TMACD Divergence
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=2190
Forum: 17 · Topic 2190 · 11 post(s)
TMACD Divergence
Apprentice · Thu Sep 16, 2010 4:53 am
This is the first usable version. Although it has its shortcomings, this is a more advanced version, so far.
We are working on advanced, easy to use algorithms.
MT4/MQ4 version. viewtopic.php?f=38&t=64547
Re: TMACD Divergence
mennzz · Thu Sep 16, 2010 7:53 am
Wow, It’s getting better and better… Can’t wait for the full version… Thanks so much! Hope it will give amazing signals…
Kind Regards
Re: TMACD Divergence
Apprentice · Fri Sep 17, 2010 1:43 am
Update. We are almost there. I have yet to add some additional options.
Re: TMACD Divergence
mennzz · Fri Sep 17, 2010 7:19 am
!Wow! Now were really talking! Thanks so much!
Re: TMACD Divergence
hanscf · Wed Nov 03, 2010 5:17 am
Can you please explain how to use this indicator? And how it works? Is it a lagging indicator? Do the buy/sell signals appear a few bars after the current bar? Thanks!!
Re: TMACD Divergence
Apprentice · Wed Nov 03, 2010 5:46 am
Divergences signal a potential trend reversal or can be used as a possible sign for a trend continuation.
In this case, detects, break point of the current trend. Meaning trend change is possible, not certain.
Because of the way, that the divergence it reveals itself, an indicator must lag in the calculation. But when trading divergence usually talk about the movement of prices in the future.
Re: TMACD Divergence
dimitristzan · Fri Jul 29, 2011 1:41 am
Is it possible to have the calculation algorithm of TMACD? I would like to use it in another language (java) but i cant find anywhere the way to calculate this indicator Thank you
Re: TMACD Divergence
sunshine · Fri Jul 29, 2011 5:29 am
dimitristzan wrote: Is it possible to have the calculation algorithm of TMACD? I would like to use it in another language (java) but i cant find anywhere the way to calculate this indicator Thank you
You can find the calculation algorithm of TMACD here: Triangular Moving Average Convergence/Divergence (TMACD)
Re: TMACD Divergence
dimitristzan · Fri Jul 29, 2011 6:48 am
Thank you for your quick answer. You helped me a lot.
Re: TMACD Divergence
cruiser · Tue Aug 02, 2011 10:09 am
Thanks so much for this indicator.Can we have a signal for this as well?
Re: TMACD Divergence
Apprentice · Sat Mar 18, 2017 7:52 am
Indicator was revised and updated.