Smart Price Divergence (MACD Filter) + EMA

Smart MACD Price Divergence + EMA

This indicator automatically spots price divergences filtered by MACD momentum and trend direction with EMA:
🔹 Finds regular bullish & bearish divergences
🔹 Filters signals using a simple EMA trend filter
🔹 Clear triangle labels on the chart
🔹 Ready-to-use alerts for your strategy

Use it to catch potential reversal points when the trend may be losing strength.

How it works

Bearish Divergence: Price makes a higher high above the EMA while MACD makes a lower high → possible reversal down.

Bullish Divergence: Price makes a lower low below the EMA while MACD makes a higher low → possible reversal up.

The EMA filter helps spot extreme areas where the trend may be overextended.

Signal colors
🔻 Red triangle — Bearish Price Divergence (potential short)
🔺 Green triangle — Bullish Price Divergence (potential long)

Works on any timeframe and market (crypto, forex, indices, stocks).

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💡 Want a custom version?
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