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Multi indicator divergence MT5

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Published: 18 June 2021

Current version: 2.2

Multi indicator divergence MT5

Name: Multi indicator divergence MT5
Rating: 4.7954545 (44 reviews)
Author: Jan Flodin

4.8

Indicators
Jan Flodin
Jan Flodin
Senior software engineer at FloSoft

Czech Republic

143349
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: 2.2
Updated: 10 April 2025

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's the first zone test and that there are at least 30 bars before the zone was tested.

Features

Can detect divergences for the following oscillators/indicators: MACD, OsMA, Stochastics, RSI, CCI, RVI, Awesome, ADX, ATR, OBV, Composite index, MFI and Momentum. 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.

Input parameters

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

more...

Screenshot #1 Multi indicator divergence MT5

1155

EB83Br72 2026.03.07 23:53 #

Bom indicador, obrigado.

579

HOGJoerch63 2025.12.25 07:27 #

Very usefull indicator that safes me a lot of time. Many Thanks

194

Samuel Makumbe 2025.09.01 06:54 #

Such wonderful system, i prefer to use it on higher timeframes 1hr, with default settings. Also with proper risk management, am telling you you'll go far. Buy the paid one with alerts.

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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

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59 USD

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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

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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

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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.

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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

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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

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

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

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

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. 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

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:

1155

EB83Br72 2026.03.07 23:53 #

Bom indicador, obrigado.

295

chandleeanlee 2026.02.23 04:49 #

Can You please just add Instant Alert when Arrow Paints.

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Reply from developer Jan Flodin 2026.02.24 08:03 #

Hello and thanks for the review :-)
Unfortunately the alert functions is only available in the paid version of this indicator and I would like to keep it this way. My apologies.

579

HOGJoerch63 2025.12.25 07:27 #

Very usefull indicator that safes me a lot of time. Many Thanks

194

Samuel Makumbe 2025.09.01 06:54 #

Such wonderful system, i prefer to use it on higher timeframes 1hr, with default settings. Also with proper risk management, am telling you you'll go far. Buy the paid one with alerts.

814

Kran5 2025.06.23 18:57 #

User didn't leave any comment to the rating

2219

Lydia Kwarteng 2025.06.12 08:19 #

User didn't leave any comment to the rating

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Benjamin Afedzie 2025.06.11 15:38 #

works for me

Spyro 2025.06.05 19:41 #

Great work, Thank you :-)

vlad-techno 2025.04.26 08:25 #

Нет четкого представления по возникающим сигналам. Очень много ложных сигналов.

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Reply from developer Jan Flodin 2025.04.26 08:37 #

For a higher probability 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. Set SL above/below the zone.
https://www.mql5.com/en/market/product/130894

1117525 2025.04.06 01:17 #

User didn't leave any comment to the rating

483

Arpit Sharma 2024.12.10 08:58 #

One of the Best. Can You please just add Instant Alert when Arrow Paints. I am waiting for that version.

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Reply from developer Jan Flodin 2024.12.10 20:18 #

Hello and thanks for the review. The instant alerts are available only in the paid version of this indicator. I do not plan to add it in this free version. My apologies.

Kenneth Raggs 2024.11.23 12:36 #

good tool

Fred Fourie 2024.10.17 03:16 #

Still in testing stages on options but so far good

2407

Rafal Krzysztof Manuszewski 2024.10.04 19:21 #

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Francisco Gomes Da Silva 2024.09.22 01:21 #

Muito bem feito este indicador e é muito facil automatizar os sinais, graças as setas que são mostradas no ocilador, parabéns pelo trabalho incrível!!

greenmto 2024.08.02 09:30 #

I like it.

179

liken0908 2024.07.21 07:46 #

Hello, buddy, I would like to ask, can I use ea to write and read your Multi indicator divergence MT5 indicator signal? Please tell me how to read it and where the buffer is. I think your signal indicator is very good. I want to learn and test it. Please give me some advice. Thank you.

How can I purchase your paid indicator so that it can be read through the buffer?

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Reply from developer Jan Flodin 2024.07.22 19:55 #

Hello, there is a code example at the end of the product's blog explaining access the values from an EA.
Best regards,
Jan

dereckn 2024.07.10 10:49 #

great

petrus edhi Santoso 2024.07.01 05:11 #

👍👍👍

znshshi 2024.06.24 13:20 #

User didn't leave any comment to the rating

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