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MACD Divergence Indicator MT4

3

MACD divergence indicator finds divergences between price chart and MACD 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 MACD divergences:

  • MACD line cross zero level
  • Price returns to previous H/L
  • Creating a new ZigZag leg in price chart

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 use indicator's divergence type buffer in your expert advisors.

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


Recensioni 4
Hossein A.
19
Hossein A. 2023.10.28 10:02 
 

Hi, Thanks for publishing this indicator for free. Hope to see more from you.

faithdefender
1736
faithdefender 2023.04.26 15:46 
 

I like it. Sometimes the simple things in life are free. It works fine on my platform, so I must have the update? Thank you

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CURRENTLY 26% OFF !! Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potenti
Supply and Demand Dashboard PRO
Bernhard Schweigert
4.8 (20)
Attualmente 20% di sconto! Questo cruscotto è un software molto potente che lavora su più simboli e fino a 9 timeframe. Si basa sul nostro indicatore principale (migliori recensioni: Advanced Supply Demand ).   Il cruscotto offre un'ottima panoramica. Mostra:    Valori filtrati di domanda e offerta, compresa la valutazione della forza delle zone, distanze dei pip da/all'interno delle zone, Evidenzia le zone annidate, Fornisce 4 tipi di allarmi per i simboli scelti in tutti i (9) time-frames
Graf Mason
Alexandr Lapin
5 (5)
Graf Mason is a tool that will make you a professional analyst! The method of determining wave movements using inclined channels qualitatively conveys the schematics of the movement of any instrument, showing not only possible reversals in the market, but also the goals of further movements!Destroys the myth that the market is alive , clearly showing the schematics of movements from one range to another! A professional tool, suitable for the medium term with the definition of the current trend!
Altri dall’autore
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 C
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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 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
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 Multipl
MACD divergence indicator finds divergences between price chart and MACD 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 MACD divergences: MACD line cross zero level Price returns to previous H/L Crea
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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 (doesn't repaint) Price returns to
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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
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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
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
40% off. Original price: $50 Support and Resistance Dashboard for MT4 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 M 1,M5,M30,W1   timeframes) Full descrip
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 n
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MACD 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 MACD indicator. This divergence scanner is integrated   with support and resistance zones so you can check the MACD divergences in the most important areas of the chart to find trend reversals in the price chart. Download demo version   (works on M4,M5,M6,M12,H3,H8 timeframes) Full description of scanner parameters
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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 n
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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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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 detec
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: $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 for 14 days) Full guide   here MT4 version here Order Manager features: Works on all instruments such as currency pairs,
Filtro:
Hossein A.
19
Hossein A. 2023.10.28 10:02 
 

Hi, Thanks for publishing this indicator for free. Hope to see more from you.

faithdefender
1736
faithdefender 2023.04.26 15:46 
 

I like it. Sometimes the simple things in life are free. It works fine on my platform, so I must have the update? Thank you

nswyin27
78
nswyin27 2022.11.12 02:23 
 

I downloaded it but it can't display on the chart...

--- now it works! Thanks Amir.

Amir Atif
71504
Risposta dello sviluppatore Amir Atif 2022.11.12 05:34
Hi, please check out that if indicator is added to the market folder in navigator window.
ajcarswell
33
ajcarswell 2022.09.13 15:46 
 

I had to take it off since it hung my desktop system.

Amir Atif
71504
Risposta dello sviluppatore Amir Atif 2022.09.21 10:00
Hi
I updated the indicator and the speed and performance issues were solved in the new version. Please download the new version and let me know if there are any problems. Regards
Rispondi alla recensione
Versione 2.7 2023.02.28
+ "No Confirmation (Immediate Alerts)" option added to the indicator, now you can receive alerts for divergences immediately after divergence formation (this option can create repetitive alerts).
+ A parameter added for hiding the divergence arrow.
- Fixed a bug that sometimes creates multiple alerts for a divergence.
Versione 2.6 2022.10.31
Fixed a bug in drawing divergence lines and sending alerts for new divergences.
Versione 2.5 2022.09.20
+ Significant improvement in the indicator performance and speed.
Versione 2.4 2022.09.04
+ A new confirmation type added to the indicator: MACD Cross Signal Line.
+ Indicator performance improved.
Versione 2.0 2022.05.21
+ Two confirmation type added to indicator (MACD cross zero level, Price Returns to Previous H/L).
+ For new confirmation types, when divergence confirms, the indicator shows an arrow on the chart.
+ For reducing the indicator's resource usage, now you can set to apply the indicator on how many number of candles.