TMACD Divergence searches for Triangular Moving Average Convergence/Divergence oscillator divergences and displays them.

The indicator has three input parameters:

  • Fast MA period
  • Slow MA period
  • Applied price

TMACD indicator signal line is not involved in the calculations

Fig. 1. TMACD Divergence

Fig. 2. TMACD Divergence + TMACD