🧩 Features
🦾 AQPRO MACD PRO
1min
📝 introduction aqpro macd pro is an advanced trading indicator built around the classic moving average convergence divergence (macd) it elevates the standard macd by incorporating comprehensive divergence detection (regular & hidden, bullish & bearish) for both the macd histogram and macd line the indicator features robust filtering options for divergences, a multi timeframe (mtf) divergence dashboard, proprietary filter for macd signals, independent system for producing reversal signals, and dynamic risk bands to identify potential overbought/oversold conditions directly on the macd with extensive visual customization, traders can tailor the indicator to their precise charting needs even though there are already quite a number divergences algorithms in the open source market, we believe that our algorithm stands out across all of them with out extensive filtering capabilities and visualization techniques, which would help any trader automate the process of divergence detection and filter bad divergences important note in the sections below term 'quality' will be applied to divergences quite a number of times by 'quality' of divergences we mean the reaction of the price to the direction opposite to the divergence signal basically, if a bullish/bearish divergence was shown and price went up/down respectively afterwards, this divergence is considered to be of high quality definition for low quality divergence can be deducted by analogy