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RSI Divergence Indicator MT5

4.67

RSI divergence indicator finds divergences between price chart and RSI indicator and informs you with alerts (popup, mobile notification or email). Its main use is to find trend reversals in the chart.

Always use the divergence indicators with other technical assets like support resistance zones, candlestick patterns and price action to have a higher possibility to find trend reversals.

Three confirmation type for RSI divergences:

  • RSI line cross 50 level
  • Price returns to previous H/L
  • Creating a new ZigZag leg in price chart
  • No Confirmation (Immediate Alert): it repaints and deletes the signal if it invalidated

When divergence is confirmed, the indicator draws an arrow on the chart (not for the new ZigZag leg confirmation type).

This indicator uses ZigZag indicator to determine trend direction and HH/LL of the price, you can change the ZigZag parameters in the indicator's input window. You can add the ZigZag Indicator to your chart template to have a better look of painted divergences.

- You can set the indicator to alert only when RSI divergence occurs in the overbought/oversold levels.

- The indicator has four buffers that you can use in your EA, "RSI" buffer shows the RSI value ,"Divergence Type" Buffer shows "1" for bullish divergences and "-1" for bearish divergences and other buffers show the start and end positions of divergence line . You can check them out in the "Data Window" (Ctrl+D).

You can check out the multi-timeframe/multi-symbol version of this indicator from this link.


Reviews 33
Komi Eyram F Kahoho
3211
Komi Eyram F Kahoho 2025.04.13 02:24 
 

great !

Buddhika Gayan
36
Buddhika Gayan 2024.12.30 15:39 
 

GOOD Indicator

Jonatan Enrique Casanova
150
Jonatan Enrique Casanova 2024.12.19 00:40 
 

es excelente lo recomiendo 100%

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MetaBands uses powerful and unique algorithms to draw channels and detect trends so that it can provide traders with potential points for entering and exiting trades. It’s a channel indicator plus a powerful trend indicator. It includes different types of channels which can be merged to create new channels simply by using the input parameters. MetaBands uses all types of alerts to notify users about market events. Features Supports most of the channel algorithms Powerful trend detection algorith
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Candlestick Pattern Scanner is a multi-timeframe and multi-symbol dashboard and alert system that checks all timeframes and currency pairs for different candlestick patterns that are formed in them. Scanner is integrated with support and resistance zones so you can check the candlestick patterns in the most important areas of the chart to find breakout and reversal patterns in the price chart. Download demo version   (works on M30,D1,W1 timeframes and 20 symbols of Market Watch window) Read the
50% off. Original price: $375 Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk. Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download Demo here  (starting lot is fixed at 0.01) Guide + tips here MT4 version   here You only open the first order. When your trade
Order Manager MT4
Amir Atif
3.67 (3)
50% off. Original price: $60 Order Manager is a trade assistant and trade copier with a money manager that helps traders open, modify and close manual trades and also copy their trades between multiple accounts in the most simple way to help them focus more on their market analysis and open orders with just a few clicks. Download Demo here  (It only works on demo accounts) Full guide   here MT5 version here Order Manager features: Works on all instruments such as currency pairs, indexes, CFDs
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Ichimoku Trend Alert is the Ichimoku Kinko Hyo indicator with Alerts and signal filters. Ichimoku Trend Alert features: Optional check of Ichimoku cloud, Tenkan sen(Conversion Line), Kijun sen(Base Line), Senkou span A, Senkou span B, and Chikou span relative to price, and more. Popup, email, and phone notification alerts for selected symbols and timeframes. There are 9 classic Ichimoku trend filters you can enable/disable in settings: Price/Cloud Order:   Checks the price position relative to
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RSI Divergence Scanner is a multi-timeframe and multi-symbol dashboard and alert that checks all timeframes and symbols to find divergences between price chart and RSI indicator. This divergence scanner is integrated with support and resistance zones so you can check the RSI divergences in the most important areas of the chart to find trend reversals in the price chart. Download demo version   (works on M 1,M5,M30,W1 timeframes) Full description of scanner parameters ->   click here . How to get
RSI Divergence Scanner is a multi-timeframe and multi-symbol dashboard and alert that checks all timeframes and symbols to find regular and hidden divergences between price chart and RSI indicator. This divergence scanner is integrated with support and resistance zones so you can check the RSI divergences in the most important areas of the chart to find trend reversals in price chart. Download demo version   (works on M4,M5,M6,M12,H3,H8 timeframes) Full description of scanner parameters ->   cli
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Moving Average Trend Alert is a triple MA indicator that helps traders to identify potential market trends based on 3 MAs alignment and crossover. Moving Average Trend Alert features: Customizable short-term, medium-term, and long-term MAs. Option to filter signals based on a minimum distance between moving averages to avoid premature MAs alignment. Optional Filter of signals with RSI indicator overbought/oversold levels. Optional Filter of signals with ADX indicator. Popup, email, and phone no
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Advanced Indicator Scanner is a multi-symbol multi-timeframe scanner that works with hundreds of custom indicators available across the web including mql5 website market and codebase indicators. Advanced Indicator Scanner features: Scans your indicator in 28 customizable instruments and 9 timeframes. Monitors up to 2 lines(buffers) of an indicator. Showing of indicator value on buttons. You can choose between 3 alert modes:  Single symbol and timeframe Multiple timeframes of a symbol Multiple
50% off. Original price: $60 Triangle Finder is a multi symbol multi timeframe dashboard that finds symmetrical triangle pattern in 28 symbols and 9 timeframes with a deep scan feature to scan all market watch symbols (up to 1000 instruments!). Download Demo here  (Scans only M1, M5 and M10) Settings description   here MT4 version   here Triangle Finder features: Realtime monitoring of 28 customizable instruments and 9 timeframes at the same time. Deep scan mode to scan all market watch symbo
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40% off. Original price: $50 Moving Average Trend Scanner is a multi symbol multi timeframe triple MA crossover dashboard that helps traders to monitor, and identify potential market trends from one chart. This panel scans 3 moving averages in up to 28 configurable instruments and 9 timeframes for triple moving average alignment and moving average crossover with a deep scan feature to scan all market watch symbols (up to 1000 instruments!).   Download Demo   here   (Scans only M1 and M6) Setti
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50% off. Original price: $60 Support and Resistance zones indicator for MT4 is a multi-timeframe panel and alert that finds support and resistance zones and pivot points for all timeframes of MetaTrader 4 and gives alert when price has interaction with them. Download demo version (works on GBPUSD, EURJPY and NZDUSD symbols) Read the full description of scanner parameters in the blog page . Many unique features in one indicator: Integrating support and resistance zones and pivot points in one i
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Moving Average Trend Alert is a triple MA indicator that helps traders to identify potential market trends based on 3 MAs alignment and crossover. Moving Average Trend Alert features: Customizable short-term, medium-term, and long-term MAs. Option to filter signals based on a minimum distance between moving averages to avoid premature MAs alignment. Optional Filter of signals with RSI indicator overbought/oversold levels. Optional Filter of signals with ADX indicator. Popup, email, and phone no
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Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk.Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download full version here  ( In the mini version. Starting lot is fixed at 0.01 (or minimum allowed lot size ) Guide + tips here MT4 version   here You only open the
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50% off. Original price: $60 Triangle Finder is a multi symbol multi timeframe dashboard that monitors and finds symmetrical triangle pattern in 28 symbols and 9 timeframes with a deep scan feature to scan all market watch symbols (up to 1000 instruments!). Download Demo here  (Scans only M1 and M5) Settings description   here MT5 version   here Triangle Finder features: Realtime monitoring of 28 customizable instruments and 9 timeframes at the same time. Deep scan mode to scan all market wat
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40% off. Original price: $50 Support and Resistance Dashboard for MT5 is a multi-timeframe and multi-symbol scanner and alert system that finds S/R zones and pivot points for all timeframes and symbols and alerts when price has interaction with them. If you are using support and resistance (or supply and demand) zones in your trading strategy, this dashboard and its alert and filtering system is a big time saver for you. Download demo version   (works on M4,M5,M6,M12,H3,H8 timeframes) Full desc
Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk. Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download full version here  ( In the mini version. Starting lot is fixed at 0.01 (or minimum allowed lot size ) Guide + tips here MT5 version   here You only open the
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50% off. Original price: $375 Reward Multiplier is a semi-automatic trade manager based on pyramid trading that opens additional orders with the running profit of your trades to maximize return exponentially without increasing the risk. Unlike other similar EAs, this tool shows potential profit/loss and reward to risk ratio before even entering the first trade! Download Demo here  (starting lot is fixed at 0.01) Guide + tips here MT5 version   here You only open the first order. When your tr
40% off. Original price: $50 ATR Scanner Pro is a multi symbol multi timeframe volatility scanner that monitors and analyzes Average True Range indicator value in up to 28 symbols and 9 timeframes in 3 modes : ATR value:   As a volatility dashboard it shows the ATR indicator value in all pairs and timeframes and signals when the ATR value reaches a maximum or minimum in a given duration. Short term ATR/Long term ATR ratio:  It shows ratio of 2 ATRs with different periods. It's useful in detect
40% off. Original price: $50 Ichimoku Trend Finder is a multi symbol multi timeframe trend dashboard that helps traders to monitor and identify potential market trends from one chart. This panel scans the Ichimoku Kinko Hyo indicator in 28 configurable instruments and 9 timeframes for classic Ichimoku trend signals  with a deep scan feature to scan all market watch symbols (up to 1000 instruments!).    Download Demo here  (Scans only M1 and M5) Settings description   here MT5 version   here
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Komi Eyram F Kahoho
3211
Komi Eyram F Kahoho 2025.04.13 02:24 
 

great !

mrtzham
16
mrtzham 2025.02.15 14:11 
 

it works really well, but sometimes a little delay.

Mposzt
30
Mposzt 2025.01.24 16:49 
 

It's an ok Indicator. Usually misses key (smaller) divergence opportunities.

Buddhika Gayan
36
Buddhika Gayan 2024.12.30 15:39 
 

GOOD Indicator

7799821
14
7799821 2024.12.21 02:40 
 

Very good one, thank you

Jonatan Enrique Casanova
150
Jonatan Enrique Casanova 2024.12.19 00:40 
 

es excelente lo recomiendo 100%

Kenneth Raggs
68
Kenneth Raggs 2024.11.23 12:34 
 

good tool

Irusel
484
Irusel 2024.10.29 21:25 
 

Отличный

guedinho
14
guedinho 2024.10.05 02:34 
 

Excelente !!!

Rafal Krzysztof Manuszewski
2327
Rafal Krzysztof Manuszewski 2024.10.04 17:08 
 

ok

Francisco Gomes Da Silva
115273
Francisco Gomes Da Silva 2024.09.20 04:01 
 

Indicador muito bem feito, e a analise do trade é maravilhosa, o indicador opera divergence no RSI junto com topos e fundos do gráfico, mas só dar entrada depois do rompimento do pivor confirmando a tendencia de Charles Dow, só ai é mostrada uma seta que é inclusive está definida como buffer também, deixando a automatização desse indicador incrivelmente simples e fácil de fazer para desenvolvedores, muito obrigado por essa estratégia e essa ferramenta incrível que você construiu

MarPol70
94
MarPol70 2024.09.09 21:38 
 

This indicator would be sensational if it showed up immediately on the chart when there is divergence. The delay ranges from 4 to as many as 13 candles after the formation of the divergence. This is very long and makes the signal appear too late. And thus it is often useless. I do not understand why the author created it this way.

b2004ross
34
b2004ross 2024.08.13 19:34 
 

excellent EA.. Thank you Amir

alihashami
16
alihashami 2024.08.02 17:21 
 

great

Nisaba707
108
Nisaba707 2024.07.27 10:55 
 

Dobry wskaźnik RSI. Alerty o rozbieżnościach wysyłane są z dużym opóźnieniem - właściwie stają się nieprzydatne --->>> stanowią JUŻ historię na wykresie.

BSN22061970
24
BSN22061970 2024.07.04 19:01 
 

Здравствуйте! Очень понравился Ваш индикатор! Но не всегда срабатывает сообщение (алерт). Подскажите пожалуйста как настроить?

eugene.nz
411
eugene.nz 2024.06.30 21:15 
 

It is normal indicator

anticancer
84
anticancer 2024.06.15 17:11 
 

User didn't leave any comment to the rating

65638263
735
65638263 2024.05.04 07:07 
 

gracias un super indicador para mejorar simpre el trader

Seth Tetteh
1440
Seth Tetteh 2024.04.25 11:49 
 

great

12
Reply to review
Version 3.5 2024.07.25
+ Minor improvements.
Version 3.4 2024.07.25
+ No Confirmation (Immediate Alert) option added to the indicator (it repaints and deletes the signal if it invalidated).
+ Two buffer for divergence line start and end positions added to the indicator.
Version 3.2 2022.09.04
Fixed an error in sending duplicate alerts for bullish divergences.
Version 3.1 2022.09.01
Fixed a bug in showing the alert for "RSI Cross 50 Level" confirmation.
Version 3.0 2022.08.24
+ Finding hidden divergences added to the indicator.
+ Indicator performance improved.