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Multi oscillator divergence MT5

59 USD

Demo downloaded: 1 239

Published: 1 June 2018

Current version: 3.7

Multi oscillator divergence MT5

Name: Multi oscillator divergence MT5
Price: 59.00 USD
Rating: 4.7272725 (11 reviews)
Author: Jan Flodin

4.73

Indicators
Jan Flodin
Jan Flodin
Senior software engineer at FloSoft

Czech Republic

143420
4.6 (289)
Hello, my name is Jan and I have been developing automated trading tools for the last 9 years. I am originally from Sweden but have lived in the Czech Republic since 2003.
PRODUCTS

54 products 3 topics 38 comments
Version: 3.7
Updated: 23 April 2026
Activations: 10

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. The indicator comes with a fully functional Expert Advisor.

The indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular and hidden divergences. It has a RSI, Bollinger Bands and ATR filter options which makes it possible to filter out only the strongest setups. The indicator also offers options to wait for an Engulfing formation, Donchian channel breakout, Hull moving average color alignment or for price to cross a moving average (see screenshot #3) to confirm the divergence before signaling the trade opportunity. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system.

For higher probability setups I can recommend you to use my Supply Demand indicator and trade only if the divergence occurs inside a zone. Supply zone for bearish div and demand zone for bullish div. The optimal scenario is if it's the first zone test and that there are at least 30 bars before the zone was tested.

Features

At the end of the product's blog you will be able to download the source code of an example Expert Advisor (EA) which is using the iCustom() function to retrieve trade signals from the indicator. Even though the EA is fully functional, the main purpose is to use the code and paste it into your own developed EA. Given my limited time I will not be able to provide with any programming support though. My apologies
Can detect divergences for the following oscillators/indicators: MACD (Metatrader native), OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX, Composite index, ATR, OBV, MFI, Momentum, Accumulation/Distribution, Accelerator and DeMarker. Only one oscillator/indicator can be selected.
Draws solid lines for regular/classical (potential reversal) divergences and dashed lines for hidden (trend continuation) divergences. The lines are drawn on the chart as well as in the indicator window.
Sends an alert when a divergence or a breakout/cross has been detected. All Metatrader native alert types are supported.

Input parameters

Please find the description and explanation of the input parameters here.

more...

Screenshot #1 Multi oscillator divergence MT5

Screenshot #2 Multi oscillator divergence MT5

Screenshot #3 Multi oscillator divergence MT5

Screenshot #4 Multi oscillator divergence MT5

Screenshot #5 Multi oscillator divergence MT5

849

Nicolas Dobrovsky 2025.09.27 09:49 #

A very good indicator. Lots of settings for displaying signals, MA, Donchian, etc. This alone filters out many false signals. A few years ago, I used MT4, but I returned to this indicator in MT5. Of course, no indicator always displays 100% correct signals, so it is always necessary to check whether the divergence is correctly plotted, because sometimes the divergence is marked strangely. In any case, despite this, it is the best divergence indicator I have known since 2020.

269

A. Forex 2025.07.11 19:47 #

Best divergence finder indicator for MT5 here and for really reasonable price. Impressed with:

- Amount of indicators you can choose for the purpose.

- How supportive, proactive and hardworking Mr Jan Flodin is.

- Detailed tuning of every divergence parameter.

Thank you, Sir.

919

Johan Julien Aubry 2023.02.12 11:38 #

Powerfull indicator, very cheap and with a lot of possibilities to customise settings. Can be used for entry points or to confirm other entries. Well documented and EA compatible. Jan is really helpful and very reactive. I totally recommend this product!

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The indicator identifies when a divergence occurs between price and an indicator or oscillator. It identifies both regular and hidden divergences. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. For higher probability setups I can recommend you to use my Supply Demand indicator and trade only if the divergence occurs inside a zone. Supply zone for bearish div and demand zone for bullish div. The optimal scenario is if it

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This indicator draws supply and demand zones on the chart. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Please also check out the paid version which offers much more. My recommendation is to look for trading opportunities where the first zone test occurs after at least 25 bars. Features The zones have 3 colors (adjustable by input). Dark color for untested zone, medium for tested zone and light for broken zone . The p

FREE

This indicator can send alerts when a Heiken Ashi Smoothed color change occurs. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can send all types of alerts. Option to delay the alert one or more bars in order to confirm the color (trend) change. Input parameters Candle shift for alert: Default is 1. Setting it to 0 will alert you on color change on the current candle. This should be regarded as a pending (uncon

FREE

Please if possible consider buying the MT5 version which offers more functionaIity . I also recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the EA offers. This Expert advisor's (EA) main strategy is to place trades when 3 moving averages (MA) are in consecutive alignment and at a certain distance from each other (it can be used for instance for a not very well known strategy used by some institutional traders, which involves the

59 USD

This multi indicator/oscillator (hereafter indicator), multi time frame and multi symbol indicator identifies when a divergence occurs between price and one, two or three indicators. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has RSI and MA trend filter options which makes it possible to filter out only the strongest setups. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerfu

39 USD

Probably among the top indicators offered here on the market in terms of value for money. I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. This supply and demand zone indicator draws the zones on the chart and sends alerts when the price has reached or broken a zone. It has support for one nested zones (zones on one other time frame than the current) which will also be drawn on the chart and involve ale

49 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator identifies double or triple top/bottom formations or a following neckline breakout (confirmed top/bottom). It offers filters for RSI overbought/oversold, candle patterns (pin bar, engulfing, tweezer, morning/evening star, three line strike) and divergences (MACD, OsMA, Awesome (AO), RSI, CCI, Stochastic) whic

39 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator identifies double or triple top/bottom formations or a following neckline breakout (confirmed top/bottom). It offers RSI, pin bar, engulfing, tweezer, morning/evening star filters as well divergence filter options which makes it possible to filter out only the strongest setups. The indicator can also be used

39 USD

The indicator identifies when a divergence occurs between price and an indicator or oscillator. It identifies bullish and bearish hidden or regular (classical) divergences. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. For higher probability setups I can recommend you to use my Supply Demand indicator and trade only if the divergence occurs inside a zone. Supply zone for bearish div and demand zone for bullish div. T

FREE

This indicator can send alerts when a Heiken Ashi Smoothed color change occurs. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can send all types of alerts. Option to delay the alert one bar in order to confirm the color (trend) change. Input parameters Wait for candle close: 'true' or 'false'. Setting it to 'true' will delay the alert to the opening of the bar following the bar where the color change occurred.

FREE

Please if possible consider buying the MT5 version which at the moment offers more functionaIity. I also recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. This supply and demand zone indicator draws the zones on the chart and sends alerts when the price has reached or broken a zone. It is also possible to use it to be alerted about regular double tops/bottoms instead of zones. It is possible to use RSI, vo

30 USD

39 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi time frame and multi symbol indicator scans for engulfing and tweezer formations. The indicator can also be used in single chart mode. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. A

30 USD

This multi time frame and multi symbol indicator identifies high-probability breakout patterns. It does this by identifying strong, symmetrical pennants and triangles. This pattern DOES NOT appear very often on higher timeframes. But when it does, it is a very high-probability setup. The indicator also includes an Inside bars scanner. It can for example be used to detect a special type of Inside bars formation which is formed by a Master candle (MC) followed by 4 inside candles (please see the

30 USD

This multi time frame and multi symbol indicator scans for pin bars. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. Apply the indicator to just one chart and instantly monitor the entire market. Can monitors every time frame, from M1 to MN, and sends you a real-time alert when a pin bar is identified. All Metatrader native alert types

30 USD

This multi time frame and multi symbol indicator identifies high-probability breakout patterns. It does this by identifying strong, symmetrical pennants and triangles. This pattern DOES NOT appear very often on higher time frames. But when it does, it is a very high-probability setup. The indicator also includes an Inside bars scanner. It can for example be used to detect a special type of Inside bars formation which is formed by a Master candle (MC) followed by 4 inside candles (please see the

30 USD

Features This is an indicator that recognizes a special type of Inside Bar formation which is formed by a Master candle followed by 4 smaller candles (please see the strategy explanation below). Plots buy/sell stop lines on the chart as well as well as take profit and stop loss levels. The TP/SL levels are based on the Average True Range (ATR) indicator. Object colors are changeable. Sends you a real-time alert when a Master candle formation is identified - sound / pop-up / email / push notifica

10 USD

This multi time frame and multi symbol indicator scans for Pin bars, Morning/Evening stars, Engulfings, Tweezers, Three line strikes, Inside bars and Pennants and Triangles. The indicator can also be used in single chart mode. Please read more about this option in the product's blog . Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the same time. App

49 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi symbol and multi time frame indicator scans for the following candlestick patterns (please see screenshot for explanation of the patterns): Three white soldiers (reversal>continuation pattern) Three black crows (reversal>continuation pattern) Bullish and bearish Three line strike (reversal pattern) The patterns do not appear very often on higher

30 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator can identify the following 5 crosses: when a fast moving average crosses a slow moving average line. when price has reached a single moving average (closed above/below or just bounced). when a triple moving average formation has appeared (all 3 MA:s in consecutive alignment). when the MACD main line crosses t

30 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This indicator for Metatrader 4 identifies when a divergence occurs between price and an oscillator/indicator. It identifies both bullish and bearish divergences. It has a RSI filter option which makes it possible to filter out only the strongest setups. The indicator also offers options to wait for an Engulfing formation, Donchian channel breakout or for p

59 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi oscillator, multi time frame and multi symbol indicator identifies when a divergence occurs between price and an oscillator/indicator. It identifies both regular/classical (trend reversal) and hidden (trend continuation) divergences. It has moving average, RSI/Bollinger, ADX, pin bar and engulfing filter options which makes it possible to filter

39 USD

This multi time frame and multi symbol indicator identifies when the stochastics signal line (D) crosses the stochastics main line (K) as well as options to scan for main line and signal line level crossovers. As a bonus it can also scan for Bollinger bands and RSI overbought/oversold crosses. Combined with your own rules and techniques, this indicator will allow you to create (or enhance) your own powerful system. Features Can monitor all symbols visible in your Market Watch window at the sam

30 USD

This cost averaging Expert advisor (EA) places additional trades in the same direction as the original (manually opened) order when the price goes against you. It can be used as a grid system or as pure martingale system (exponential increasing of lot size) or smoothed martingale (for instance linear increasing of the lot size). Due to the risk involved, this EA is more suitable for intermediate to advanced traders who are well aware of how to handle risk management and trading an already profit

30 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol trend indicator sends an alert when a strong trend or trend reversal has been identified. It can do so by selecting to build up the dashboard using Moving average (single or double ( both MA:s aligned and price above/below both ) ), RSI, Bollinger bands, ADX, Composite index, Parabolic SAR, Awesome (AO), MACD (signal l

39 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol divergence dashboard indicator sends an alert when one or two different divergences have been identified. It can be used with all time frames from M1 to MN. It is possible to enable moving average or RSI trend filter to filter out only the strongest setups. It should be combined with your own confirmation rules, techni

49 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicactor offers. This multi time frame and multi symbol indicator sends an alert when one or more trend reversal candle patterns have been identified on several time frames. It can be used with all time frames from M5 to MN. It is possible to enable moving average or RSI trend filter to filter out only the strongest setups. Combined with your own rules and techniques, this

39 USD

I recommend you to read the product's blog (manual) from start to end so that it is clear from the beginning what the indicator offers. This multi time frame and multi symbol indicator identifies double top/bottom, head & shoulders, pennant/triangle and flag patterns. It is also possible to setup alerts only when a neckline/triangle/flagpole breakout has occured (neckline breakout = confirmed signal for top/bottoms and head & shoulders). The indicator can also be used in single chart mode.

59 USD

Filter:

849

Nicolas Dobrovsky 2025.09.27 09:49 #

269

A. Forex 2025.07.11 19:47 #

Best divergence finder indicator for MT5 here and for really reasonable price. Impressed with:

- Amount of indicators you can choose for the purpose.

- How supportive, proactive and hardworking Mr Jan Flodin is.

- Detailed tuning of every divergence parameter.

Thank you, Sir.

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Reply from developer Jan Flodin 2025.07.12 10:36 #

Many thanks for the review :-)
I have now added the option to search for smaller divergences (minimum 4 candles, including the 2 extremum candles). I have also fixed the ADX DI Minus mode divergence algorithm.

122

tchianefe 2025.01.24 08:44 #

Jan, this is a very good indicator. l would like to make some enquiry from you privately.

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Reply from developer Jan Flodin 2025.01.24 09:13 #

Hello and many thanks for your review :-) I have accepted you friend request and you are free to write me a PM.

179

liken0908 2024.07.21 10:33 #

User didn't leave any comment to the rating

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Reply from developer Jan Flodin 2024.07.22 19:50 #

Hello and thanks for letting me know. I am on vacation at the moment but will have a look at this when I return home on Wednesday.
Best regards,
Jan

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Johan Julien Aubry 2023.02.12 11:38 #

Daviddollar 2022.06.30 17:04 #

Not worth it, it alerts after the divergence is triggered. When using backtest only shows the confirmed ones and erases de rest.

Edensgarden 2022.01.17 14:27 #

It's a very good divergence indicator; it does what is promised by Jan. I have incorporated this tool into my trading habits. Also great support from Jan.

149

kamz1419 2021.07.16 18:14 #

Great product, works as exactly as required and the alerts are timely and you change and choose from a range of settings. The support Jan offers os excellent and he replies very fast with the required solutions. Thanks

hpolanco 2021.02.26 00:31 #

Please add multicolor histogram EXAMPLE: http://www.profitf.com/wp-content/uploads/2015/03/MACD-color.jpg

142

marco 2020.10.04 11:05 #

Very interesting Indicator and Jan is a super Friendly & Dedicated Developer

jacki robo 2020.09.07 09:18 #

this indicator was great .I want to give 1000 star!

245

Robby Wijaya 2020.04.14 20:30 #

This indicator are very very great and smart, its catch almost 90% of divergence form but when you know how to use it properly for scalping strategy then this indicator I can say Perfect 100% !! Thanks Jan you are ROCK , GBU

911

Hasan Yildirim 2019.12.30 14:28 #

User didn't leave any comment to the rating

226

Erik Vikanes Hansen 2019.08.22 12:02 #

This indicator seems to be very promising, where it gives reliable entry signals and one can choose from a variety of different oscillators. I have been using it for a short time and so far I am very happy. Jan the developer, is also very friendly and easy to get in touch with. He helps out with his experience with regards to both choosing the best oscillator and preferred settings for different instruments. So far I would recommend this indicator. It is very easy to play around with all the different oscillators and settings for backtesting.

Thomas 2019.06.11 14:37 #

User didn't leave any comment to the rating