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MACD Divergence Indicator MT4

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Published: 3 April 2022

Current version: 2.7

MACD Divergence Indicator MT4

Name: MACD Divergence Indicator MT4
Rating: 4 (6 reviews)
Author: Amir Atif

Indicators
Amir Atif
Version: 2.7
Updated: 28 February 2023

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.

more...

Screenshot #1 MACD Divergence Indicator MT4

Screenshot #2 MACD Divergence Indicator MT4

Screenshot #3 MACD Divergence Indicator MT4

Screenshot #4 MACD Divergence Indicator MT4

Screenshot #5 MACD Divergence Indicator MT4

Screenshot #6 MACD Divergence Indicator MT4

churchil otieno 2025.08.13 08:37 #

very good indicator

1138

Nazmul Hasan 2025.02.19 09:18 #

Good indicator. Find proper Divergence with MACD. light and fast signal execution.

625

MP_mpap 2024.12.21 12:41 #

Excellent developer. Whatever he does, he does it in the right way and at the right price. Well done

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RSI Scanner is a multi symbol multi timeframe RSI dashboard that monitors Relative Strength Index indicator for price entering and exiting overbought and oversold in up to 28 symbols and 9 timeframes. Download Demo here (Scans only M1, M5 and M10) Settings description here MT4 version here RSI Scanner features: Signals RSI entering and exiting the overbought and oversold zones. Monitors 28 customizable instruments and 9 timeframes at the same time. Supports all 21 timeframes of Metatrade

40 USD

FREE

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 MT5 version here Order Manager features: Works on all instruments such as currency pairs, i

30 USD

Candlestick Pattern Scanner is a multi-timeframe and multi-symbol dashboard and alert system that checks all timeframes and currency pairs for different candlestick patterns that are formed in them. Scanner is integrated with support and resistance zones so you can check the candlestick patterns in most important areas of the chart to find breakout and reversal patterns in the price chart. Download demo version (works on M4,M6,M12,H3,H8 timeframes and 20 symbols of Market Watch window) Read

60 USD

Candlestick Pattern Scanner is a multi-timeframe and multi-symbol dashboard and alert system that checks all timeframes and currency pairs for different candlestick patterns that are formed in them. Scanner is integrated with support and resistance zones so you can check the candlestick patterns in the most important areas of the chart to find breakout and reversal patterns in the price chart. Download demo version (works on M30,D1,W1 timeframes and 20 symbols of Market Watch window) Read the

60 USD

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, i

30 USD

Advanced Bollinger Bands Scanner is a multi symbol multi timeframe Bollinger bands dashboard that monitors and analyzes the Bollinger Bands indicator from one chart. This panel scans the Bollinger bands indicator in up to 28 configurable instruments and 9 timeframes for price overbought/oversold, price consolidation (Bollinger bands squeeze), and consolidation breakout (squeeze break) with a deep scan feature to scan all market watch symbols (up to 1000 instruments!). Download Demo here (

50 USD

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

FREE

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 Multiple

90 USD

FREE

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

30 USD

Trendline Alert Pro is a MetaTrader 5 indicator that monitors the objects that you created such as trendlines, horizontal lines, rectangles, Fibonacci levels, and instantly alerts you when price interacts with them. MT4 version is here PM me to receive a 7-day trial version of the product. Multi-Object Monitoring Trendlines, channels, and angled lines Horizontal & vertical lines Rectangles (support/resistance zones) Fibonacci retracements & expansions (customizable levels) Flexible Alert Opt

40 USD

50% off. Original price: $60 Triangle Finder is a multi symbol multi timeframe dashboard that monitors and finds symmetrical triangle pattern in 28 symbols and 9 timeframes with a deep scan feature to scan all market watch symbols (up to 1000 instruments!). Download Demo here (Scans only M1 and M5) Settings description here MT5 version here Triangle Finder features: Realtime monitoring of 28 customizable instruments and 9 timeframes at the same time. Deep scan mode to scan all market wa

30 USD

Advanced Bollinger Bands Scanner is a multi symbol multi timeframe Bollinger bands dashboard that monitors and analyzes the Bollinger Bands indicator from one chart. This panel monitors the Bollinger bands indicator in up to 28 configurable instruments and 9 timeframes for price overbought/oversold, price consolidation (Bollinger bands squeeze), and consolidation breakout (squeeze break) with a deep scan feature to scan all market watch symbols (up to 1000 instruments!). Download Demo here (

50 USD

RSI Scanner is a multi symbol multi timeframe RSI dashboard that monitors Relative Strength Index indicator for price entering and exiting overbought and oversold in up to 28 symbols and 9 timeframes. Download Demo here (Scans only M1 and M5) Settings description here MT5 version here RSI Scanner features: Signals RSI entering and exiting the overbought and oversold zones. Monitors 28 customizable instruments and 9 timeframes at the same time. You can choose between 3 alert modes: Singl

40 USD

50% off. Original price: $60 Ichimoku Assistant is a multi-timeframe panel and alert system that scans all timeframes for multiple rules related to different ichimoku strategies. The Ichimoku indicator has 5 different lines, including Tenkan-sen, Kijun-sen, Senku Span A, Senku Span B and Chikou Span. This scanner checks the status of these lines compared to each other and gives alerts based on your selected rules. If you are using ichimoku kinko hyo in your trading strategy, this scanner and it

30 USD

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

30 USD

50% off. Original price: $60 Support and Resistance zones indicator for MT4 is a multi-timeframe panel and alert that finds support and resistance zones and pivot points for all timeframes of MetaTrader 4 and gives alert when price has interaction with them. Download demo version (works on GBPUSD, EURJPY and NZDUSD symbols) Read the full description of scanner parameters in the blog page . Many unique features in one indicator: Integrating support and resistance zones and pivot points in one i

30 USD

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churchil otieno 2025.08.13 08:37 #

very good indicator

1138

Nazmul Hasan 2025.02.19 09:18 #

Good indicator. Find proper Divergence with MACD. light and fast signal execution.

625

MP_mpap 2024.12.21 12:41 #

Excellent developer. Whatever he does, he does it in the right way and at the right price. Well done

Hossein A. 2023.10.28 10:02 #

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

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 2022.11.12 02:23 #

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

--- now it works! Thanks Amir.

97721

Reply from developer Amir Atif 2022.11.12 05:34 #

Hi, please check out that if indicator is added to the market folder in navigator window.

ajcarswell 2022.09.13 15:46 #

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

97721

Reply from developer 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