• Overview
  • Reviews (8)
  • Comments (17)
  • What's new

Divergence Scanner Macd Rsi 30 Pairs 8 Tf

This indicator is designed to detect the best divergences between price/MACD and price/RSI. MACD and RSI produce by far the best divergence signals therefore this indicator focus on those two divergences.

This indicator scans for you up to 30 instruments and up to 8 timeframes for bullish and bearish divergences.

You need to add the indicator only to one single chart! The indicator will then automatically scan all configured instruments and timeframes.


Important Information

How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074


The indicator checks both divergences at the same time (MACD / RSI) unless you deactivate one of the divergence checks.

Free Demo version can be found here: https://www.mql5.com/en/market/product/28497


Parameters

  • alertsLong: True = Yes, False = No - if true, then the indicator alerts occurrences of "Bullish Divergence" signals for long entries
  • alertsShort: True = Yes, False = No - if true, then the indicator alerts occurrences of "Bearish Divergence" signals for short entries
  • alertsViaMT4: True = Yes, False = No - if true, then the indicator gives alerts via MetaTrader 4 popup
  • alertsViaEmail: True = Yes, False = No - if true, then the indicator gives alerts via email
  • alertsViaPush: True = Yes, False = No - if true, then the indicator gives alerts direct to your mobile phone
  • alertsM1: True = Yes, False = No - if true, then the indicator searches for "Divergence" signals on M1
  • alertsM5: True = Yes, False = No - if true, then the indicator searches for "Divergence" signals on M5
  • alertsM15: True = Yes, False = No - if true, then the indicator searches for "Divergence" signals on M15
  • alertsM30: True = Yes, False = No - if true, then the indicator searches for "Divergence" signals on M30
  • alertsH1: True = Yes, False = No - if true, then the indicator searches for "Divergence" signals on H1
  • alertsH4: True = Yes, False = No - if true, then the indicator searches for "Divergence" signals on H4
  • alertsD1: True = Yes, False = No - if true, then the indicator searches for "Divergence" signals on D1
  • alertsW1: True = Yes, False = No - if true, then the indicator searches for "Divergence" signals on W1
  • alertMACD: True = Yes, False = No - if true, then the indicator searches for "Divergence" between price an the MACD indicator
  • alertRSI: True = Yes, False = No - if true, then the indicator searches for "Divergence" between price an the RSI indicator
  • macd_fastEMA: the period setting of the fast EMA for the MACD
  • macd_slowEMA: the period setting of the slow EMA for the MACD
  • macd_signalSMA: the period setting of the signal SMA for the MACD
  • period: the period setting of the RSI
  • templateName: - if you press a button on the chart (which contains the name of an instrument), then the appropriate chart will open and a template with the specified name will be attached
  • checkEveryXSeconds - every X seconds, the indicator checks the next instrument/timeframe for the occurrence of a "Divergence" signal
  • i1-i30 - define up to 30 instruments, which will be monitored/checked for the occurrence of a "Divergence" signal
Simon Akubue
1168
Simon Akubue 2018.07.18 17:13 
 

This is an interesting tool that detects divergence perfectly.

I recommend this to ALL.

Maverick1974
98
Maverick1974 2018.07.16 19:50 
 

Very happy with this indicator, i used from 30 min chart to Weekly! Great tool to detect divergenges!!!!

Yvonne
624
Yvonne 2018.06.19 10:37 
 

I use this scanner to alert me to potential divergence opportunities and it's great that you can put your own settings for the MACD and RSI. It works well and sits in the background until it identifies divergence for you. It is particularly useful for higher timeframes so you don't have to scan the charts every day. Very reliable.

Dida1
44
Dida1 2018.05.12 12:02 
 

Nice Tool to make your life a little bit less stressful .

You dont have to scann through all the pairs to check for divergence you just need one look at the scanner and immediately see which pairs show divergence and where some good trading opportunitys could appear.

This together with some patience and a good trading set up can push your trading to another level.

Good Job Mike and thanks for all the work.

Adnan Yaskeceli
21
Adnan Yaskeceli 2018.05.08 17:41 
 

Good tool to detect divergences

Stephan Fuchs
1021
Stephan Fuchs 2018.05.05 20:09 
 

Great tool to improve your trading!

reachusman
64
reachusman 2018.05.01 11:11 
 

I am using this the MACD divergences signals only. When i check the chart after a signal i can see the divergence. Good time saver.Great help in my trading

cybeh
104
cybeh 2018.04.09 08:09 
 

So far so good, happy with the rented scanner being a most helpful assistant, doing the grunt work of scanning for divergence, boosting efficiency and free up time for other tasks. Thumps up!

Version 1.2 - 2018.05.24
Automatic setting of chart properties like colors and scale fix. Better user experience. No manual configuration of the chart properties needed anymore.