TRADED MACD DIVERGENCE 100 TIMES (REVEALING PROFITS)

Published: 12 September 2020
on channel: Data Trader
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I backtested the MACD divergence 100 times

What is a Divergence? We all know that the MACD is an indicator that is based on trend and momentum , usually when a price is on an uptrend and have a strong momentum, the MACD is also heading in an upwards direction, and when the price is on a downtrend while having strong downwards momentum, the MACD is also heading Downwards, but there are instances where the price is indicating an uptrend, and forming higher highs, however the indicator is actually heading downwards and forms lower lows instead, this is called a DIVERGENCE, it is when the price of an asset is moving in the opposite direction of a technical indicator.

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📈 Download the Excel Sheet i used for backtesting -
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