NinjaTrader MACD Divergence indicator

Posted in Ninja Trader, Ninja-Trader, NinjaTrader Indicator, NinjaTrader Indicator Warehouse. Written by Adam Halpern on March 29th, 2011

I know there are a few MACD divergence indicators floating around.  But, this one we really like.  It does a great job of clearly identifying MACD/price divergence areas.  In addition, it overlays the MACD on the price chart.

Additional features include:

• Turn display of divergence lines and arrows on or off
• Customizable colors
• Customizable line styles and more

Written by: Adam Halpern on 03/29/2011.
Last revised by: Adam Halpern on 08/23/2011.