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MACD Divergence with Arrows

MACD Divergence with arrows complements the MACD indicator. It scans for divergence within the MACD oscillator then draws arrows on the entry points in the chart window.

NB:The indicator does not bring up the MACD window nor does it draw lines on the MACD window. The screenshots are a mere description of how they work.

The user will become alerted whenever a divergence is in progress and should WAIT for the perfect moment to make an entry. Perfect entries can be anything basic such as support and resistance zones (recommended) to complex strategies.

A divergence occurs when the market trend is opposite to the MACD indicator trend. It has been seen to be a common way to identify market reversals.

WORKS BEST ON H4 timeframe

HOW IT WORKS

The MACD Divergence with arrows indicator will scan for divergence within the MACD oscillator.

For a Buy: If the market drops lower but the MACD value rises, the MACD Divergence with arrows indicator will draw an arrow to show a divergence in progress.

For a Sell: If the market rises higher but the MACD value drops, the MACD Divergence with arrows indicator will draw an arrow to show a divergence in progress.

By default, the dark blue arrow indicates the lowest or highest points in the MACD oscillator. These points ARE NOT entry points.

The first arrow which is green by default shows the lowest or highest point in the first divergence. It indicates an entry point.

The Second arrow which is red by default shows the lowest or highest point in the second divergence. It indicates an entry point.

The Third arrow which is magenta by default shows the lowest or highest point in the third divergence. It indicates a precise entry point.

GOOD ENTRY POINTS OCCUR AROUND SUPPORT AND RESISTANT ZONES.


INPUTS

  • Applied Price - in reference to MACD Applied Price.
  • Fast EMA Period -  in reference to MACD fast EMA Period 
  • Slow EMA Period - in reference to MACD slow EMA Period
  • Signal Period - in reference to MACD Signal Period
  • MT4 Alerts - Shows alerts on the MT4 computer platform
  • Email Alerts - Sends alerts to your email.
  • Phone Alerts - Sends alerts to MT4 Android or iOS application

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Welcome to the world of SMC (Smart Money Concepts) Trading, where we empower traders with the tools and knowledge to make smarter trading decisions. Our latest addition to our suite of trading tools is the SMC Trading Pro indicator, version 1.0. Key Features: Major Market Structure Identification with BODY break. Order Block must be in Major Swing ( not Small Swing ). Order Block with Fair Value Gap Detection. Order Block in Discount | Premium zone. Filter for only Bullish, Bearish or All Order
TickUnit Scalper Currency Strength28 PRO
Bernhard Schweigert
4 (24)
Indicatori
ATTUALMENTE SCONTATO DEL 26%!! Questo indicatore è una super combinazione di entrambi i nostri indicatori principali ( Advanced Currency Strength 28   &  Advanced Currency IMPULSE with ALERT  ). Mostra i valori di forza della valuta per unità di TICK e segnali di allerta per 28 coppie Forex. È possibile utilizzare 11 diverse unità di Tick. Si tratta di 1, 2, 3, 4, 5, 6, 10, 12, 15, 20 e 30 secondi. La barra dell'unità di tick nella finestra secondaria verrà mostrata e spostata a sinistra quan
Support Resistance Breakout MT4
Temitayo Lawal
5 (2)
Indicatori
This indicator uses support and resistance, volume and some special formula to calculate the volume to filter the candles. If the volume reaches a specific value, And at the same time, Candle breaks the support/resistance line, There would be a signal and we can enter the market. Signals appear when the current candle closes. then you can enter the trade when a new candle appears. Please don't forget to follow your money management plan. MT5 Version Support/Resistance Breakout MT5 :   https:
Volume by Price MT4
Brian Collard
4.71 (14)
Indicatori
The Volumebyprice.com Indicator for MetaTrader 4 features Volume Profile and Market Profile TPO (Time Price Opportunity). Volume and TPO histogram bar and line charts. Volume Footprint charts. TPO letter and block marker collapsed and split structure charts. Static, dynamic and flexible range segmentation and compositing methods with relative and absolute visualizations. Session hours filtering and segment concatenation with Market Watch and custom user specifications. Graphical layering, posit
FxBears Powers
Rachid Lafhil
3 (2)
Indicatori
️️ Attention:      The price will soon be raised to what it was before ($500).      No more losses with this indicator, test it for years ago and see if there is losses in one day results. but before testing it please see the explaining video down here.    FxBears Powers is working on all forex pairs, metals, commodities, futures, indices, energies, crypto, and everything...and on all timeframes from M1 to MN.   It's based on supply and demand zones, price action, and some internal indicators,
EZT Trend
Tibor Rituper
4 (1)
Indicatori
L'indicatore EZT Trend ti mostrerà la tendenza, il pullback e le opportunità di ingresso. Sono disponibili filtri opzionali e tutti i tipi di avvisi. Vengono aggiunti avvisi tramite posta elettronica e notifiche push. Stiamo anche sviluppando un EA basato su questo indicatore, che sarà presto disponibile. È un indicatore multifunzionale composto da due istogrammi di colore e una linea. È una rappresentazione visiva della direzione e della forza di un trend, inoltre troverai divergenze molte v
Perfect Trend Hit
Mohit Dhariwal
Indicatori
30% DISCOUNT ! DISCOUNT ! DISCOUNT ONLY FOR 5 USERS at125$ valid for 1 day only.Grab it The PERFECT TREND HIT creates   BUY and SELL  perfect trend   arrow signals based on ADX EMA AND RSI And all filters inbuilt with accurate trend entries. Furthermore, the indicator and template display the trend direction, strength, and trade recommendation for independent price charts. ROCK WITH THE TREND Moreover, it shows the final trade recommendation to BUY or SELL with all filters and displays that info
Automated Actual Support Resistance A2SR
Yohana Parmi
4.86 (64)
Indicatori
R. Cos'è l'A2SR ?   * È un indicatore tecnico leader (nessuna riverniciatura, nessun ritardo). -- Guida : -- su https://www.mql5.com/en/blogs/post/734748/page4#comment_16532516 -- e https://www.mql5.com/en/users/yohana/blog A2SR ha una tecnica speciale per determinare i livelli di supporto (domanda) e resistenza (offerta). A differenza del modo ordinario che abbiamo visto in rete, A2SR ha un concetto originale nel determinare i livelli effettivi di SR. La tecnica originale non è stata presa
Gold Channel XAUUSD
Paulo Rocha
5 (2)
Indicatori
Gold Channel is a volatility-based indicator, developed with a specific timing algorithm for the XAUUSD pair, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the theory of the channel is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel it is a tra
Enigmera
Ivan Stefanov
5 (4)
Indicatori
ENIGMERA: Il cuore del mercato https://www.enigmera.com Introduzione Questo indicatore e sistema di trading rappresenta un approccio straordinario ai mercati finanziari. ENIGMERA utilizza i cicli frattali per calcolare con precisione i livelli di supporto e resistenza. Mostra l'autentica fase di accumulazione e fornisce direzione e obiettivi.  Un sistema che funziona sia in un trend che in una correzione.  Come funziona? ENIGMERA è composto da tre linee: la linea di supporto/resistenza, la
Altri dall’autore
Info Plus
Richard Waweru
4.92 (53)
Indicatori
Info Plus is a simple tool that displays the current status on an asset class. The information displayed by Info Plus includes: Bid Price The high and low of the day. Candle time left. Current spread. Selected timeframe. Asset class selected (Symbol). Pip value. Open Positions. Total pips booked. Pips per trade. Session times (they may not be accurate and are subject to changes). Date and time. How it Works When loaded onto any chart, Info Plus automatically gets the following parameters: Bid
FREE
Alert RSI
Richard Waweru
3.58 (12)
Indicatori
Having to check constantly if your RSI has reached a specific level can be tedious and draining at times, especially if you have to monitor different asset classes at a time. The Alert RSI indicator will assist in this task, ensuring that you get the most with little effort. When the RSI values get to a specified level, the alerts will go off, on the chart, on the MT4 phone app or via email (You can receive text messages to your phone if you activate texts on your Gmail account). The indicator d
FREE
Alert Stochastics
Richard Waweru
5 (1)
Indicatori
Having to check constantly if your Stochastic has reached a specific level can be tedious and draining at times, especially if you have to monitor different asset classes at a time. The Alert Stochastics indicator will assist in this task, ensuring that you get the most with little effort. When the Stochastic values get to a specified level, the alerts will go off, on the chart, on the MT4 phone app or via email (You can receive text messages to your phone if you activate texts on your Gmail acc
FREE
Alerts CCI
Richard Waweru
4.83 (6)
Indicatori
Having to check constantly if your CCI has reached a specific level can be tedious and draining at times, especially if you have to monitor different asset classes at a time. The Alert CCI indicator will assist in this task, ensuring that you get the most with little effort. When the CCI values get to a specified level, the alerts will go off, on the chart, on the MT4 phone app or via email (You can receive text messages to your phone if you activate texts on your Gmail account). The indicator d
FREE
Simple Trend Info
Richard Waweru
5 (2)
Indicatori
According to experts, trading against the trend is said to be hazardous, and perhaps sometimes it is a mistake that we easily make. Simple Trend Info is designed to display the trend of an asset class on different time frames and assists in minimizing trading against the trend. It uses the conventional moving averages to determine whether the trend is bullish or bearish and displays the trend on the screen. The time frames are limited to 5 options and you can adjust them as per your needs. The d
Simple Order Blocks
Richard Waweru
1.8 (5)
Indicatori
An order block also known as a block of order is a significant order placed for sale or purchase of a large number of securities. They are often used by institutional traders, and is a different way of looking at support and resistance. These levels are temporally used, before new levels and areas of interest are created. The simple order block indicator attempts to find the order blocks, which are more often than not optimal trade entries. The primary strategy when using the indicator when maki
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