FXC iMACD DivergencE MT4

FXC iMACD-DivergencE MT4 Indicator

This is an advanced MACD indicator that finds trend-turn divergences on the current symbol. The indicator detects divergence between the MACD and the price movements as a strong trend-turn pattern.

Main features:

  • Advanced divergence settings
  • Price based on Close, Open or High/Low prices
  • Give Buy/Sell open signals
  • PUSH notifications
  • E-mail sending
  • Pop-up alert
  • Customizeable Information panel
Input parameters:
  • MACD Fast-EMA: The Fast-EMA variable of the MACD indicator.
  • MACD Slow-EMA: The Slow-EMA variable of the MACD indicator.
  • MACD SMA: The SMA variable of the MACD indicator.
  • Symbol Applied Price: Applied price of the current symbol. It can be: Close, Open, Low(Buy)/High(Sell).
  • Minimum A-B Price Movement (pip): Determines the minimum price movements between the A' and B' points of the divergence.
  • Minimum A-B MACD Movement (point): Determines the minimum MACD value movements between the A' and B' points of the divergence.
  • Minimum Bars Between A-B (bars): The number of minimum bars allowed between the A' and B' points.
  • Maximum Bars Between A-B (bars): The number of maximum bars allowed between the A' and B' points.
  • Buy Maximum A' MACD (OFF: 1): The maximum  MACD value of the A' point of the Buy divergence.
  • Sell Minimum A' MACD (OFF: 0): The minimum MACD value of the A' point of the Sell divergence.
  • Buy Highest MACD Between A-B (OFF: 1): The highest MACD value allowed between A' and B' points for Buy divergence.
  • Sell Lowest MACD Between A-B (OFF: 0): The minimum lowest MACD value allowed between A' and B' points for Sell divergence.
  • MACD-Divergence Lines (ON): Draws divergence lines to the indicator window at signals.
  • Price-Divergence Lines (ON): Draws divergence lines to the price chart at signals.
  • Signal Arrow (ON): Draws arrows to the chart at signals.
  • PUSH Notification (ON): Sends PUSH notifications at signals.
  • Pop-up Window Alert (ON): Sends pop-up alerts at signals.
  • E-mail Sending (ON): Sends e-mails at signals.
  • Infopanel (ON): Switch Turns the information panel on or off.
  • Infopanel Color-1: Color-1 of the information panel.
  • Infopanel Color-2: Color-2 of the information panel.
  • Infopanel Color-3: Color-3 of the information panel.
  • Infopanel Background (ON): Turns the background of the information panel on or off.
  • Infopanel Background Color: Sets the background color of the information panel.
  • Divergence Price-Line Buy-Color: Divergence Price-Line color of the Buy signs.
  • Divergence Price-Line Sell-Color: Divergence Price-Line color of the Sell signs.
  • Divergence Price-Line Width: Width of the Price-Line.
  • Divergence Price-Line Style: Style of the Price-Line.
  • Divergence MACD-Line Buy-Color: Divergence MACD-Line color of the Buy signs.
  • Divergence MACD-Line Sell-Color: Divergence MACD-Line color of the Sell signs.
  • Divergence MACD-Line Width: Width of the MACD-Line.
  • Divergence MACD-Line Style: Style of the MACD-Line.
  • Arrow Color Buy: Arrows color for Buy signals.
  • Arrow Color Sell: Arrows color for Sell signals. 
  • Arrow Size (pixel): Arrows size in pixel.
  • Arrow Shift Buy (Low + X pip): With this parameter, you can shift the price of the Buy arrows relative to the Low price. 
  • Arrow Shift Sell (High + X pip): With this parameter, you can shift the price of the Sell arrows relative to the High price.
  • Drawback (bars): Number of bars drawn divergence signs back in the past.
Information Panel:
  • Price Applied: Applied price of the current symbol.
  • MACD Settings: Settings of the MACD indicator.
  • MACD Value[0,1]: MACD values at the last two bars.
  • Last Divergence: Shows the time of the last divergence sign. The B' or S' represents the direction: Buy or Sell.
  • Indicator(1): Shows the name of the indicator. The number in the parentheses represents the subwindow of the indicator.

Buttons:

  • There are three little buttons at the right-upper corner of the information panel.
  • RED button: It removes the indicator from the chart.
  • WHITE button: Do nothing.
  • GREEN button: It turns on or off the information panel.



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Multi timeframe ZigZag indicator. It displays the support/resistance horizontal lines and their breakouts, as well as draws the current targets of the market. It can also display lines of the Fractals indicator and candles from other periods (up to Quarterly). So, you can actually see the supply and demand levels. Indicator – connects key lows and highs to show trend lines. You can also use it as indicator for the Break of Structure(BOS) & Market Structure Shift(MSS). The indicator redraws the
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