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MACD/Histogram Divergence Tool

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This MACD/Histogram indicator helps me to identify divergences and crosses without much effort.

The MACD line is green during a positive cross, and red during a negative.

My favourite feature is the following: when the histogram changes direction, the histogram bars become yellow, which should help you locate divergences without straining yourself.

Example: Upticking (Green) histogram begins to downtick, turns Yellow. Downticking (Red) histogram begins to uptick, turns Yellow as well.

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