Detecting Divergences with the Triangular MACD Oscillator

Summary

TMACD Divergence is an indicator that searches for divergences involving a Triangular Moving Average Convergence/Divergence oscillator and displays the detected patterns. Its configurable inputs are the fast moving-average period, the slow moving-average period, and the applied price. The indicator’s signal line is excluded from its calculations.

The description names the tool and its inputs but does not define the divergence conditions, explain how detected patterns should be interpreted, or provide examples of trading rules. It offers no performance evidence or discussion of false signals. As a result, the indicator can be understood as a divergence-visualization aid, but the supplied information is insufficient to evaluate its reliability or use it as a standalone strategy.

Key ideas

• The indicator searches for divergences in a triangular MACD oscillator and displays them.
• Its inputs are fast and slow moving-average periods and the applied price.
• The TMACD signal line is not used in the divergence calculation.
• The description provides no explicit divergence rules or trading-performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.