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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
Amir Atif
United Arab Emirates

102887
4.6 (179)
- https://www.mql5.com/en/users/amir_atif/seller
I have been a programmer for 18 years and a trader for 14 years.

44 products
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

1168

Nazmul Hasan 2025.02.19 09:18 #

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

633

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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Moving Average Trend Alert is a triple MA indicator that helps traders to identify potential market trends based on 3 MAs alignment and crossover. Moving Average Trend Alert features: Customizable short-term, medium-term, and long-term MAs. Option to filter signals based on a minimum distance between moving averages to avoid premature MAs alignment. Optional Filter of signals with RSI indicator overbought/oversold levels. Optional Filter of signals with ADX indicator. Popup, email, and phone no

FREE

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

MACD Divergence Scanner is a multi-timeframe and multi-symbol dashboard and alert that checks all timeframes and symbols to find regular and hidden divergences between price chart and MACD indicator. This divergence scanner is integrated with support and resistance zones so you can check the MACD divergences in the most important areas of the chart to find trend reversals in the price chart. Download demo version (works on M 1,M5,M30,W1 timeframes) Full description of scanner parameters ->

60 USD

FREE

Trendline Alert Pro is a MetaTrader 4 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. Contact me to get a 7 days trial version of the product with full functionality. MT5 version is here Multi-Object Monitoring Trendlines, channels, and angled lines Horizontal & vertical lines Rectangles (support/resistance zones) Fibonacci retracements & expansions (customizable

40 USD

Stochastic Scanner is a multi symbol multi timeframe Stochastic dashboard that monitors the indicator for price entering and exiting overbought and oversold in up to 28 symbols and 9 timeframes. Download Demo here (Scans only M1 and W1) Settings description here MT5 version here Stochastic Scanner features: Signals price entering and exiting the overbought and oversold zones. Monitors up to 28 customizable instruments and 9 timeframes at the same time. You can choose between 3 alert mode

40 USD

RSI Divergence Scanner is a multi-timeframe and multi-symbol dashboard and alert that checks all timeframes and symbols to find divergences between price chart and RSI indicator. This divergence scanner is integrated with support and resistance zones so you can check the RSI divergences in the most important areas of the chart to find trend reversals in the price chart. Download demo version (works on M 1,M5,M30,W1 timeframes) Full description of scanner parameters -> click here . How to get

60 USD

FREE

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

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 indicator with powerful filteri

60 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 MT5 version here You only open the

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

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 alert based on your selected rules. If you are using ichimoku kinko hyo in your trading strategy, this scanner and its alert and filtering system is

60 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

ATR Scanner Pro is a multi symbol multi timeframe volatility scanner that monitors and analyzes Average True Range indicator value in up to 28 symbols and 9 timeframes in 3 modes : ATR value: As a volatility dashboard it shows the ATR indicator value in all pairs and timeframes and signals when the ATR value reaches a maximum or minimum in a given duration. Short term ATR/Long term ATR ratio: It shows ratio of 2 ATRs with different periods. It's useful in detecting short term volatility and e

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 W1) 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

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

Ichimoku Trend Finder is a multi symbol multi timeframe trend dashboard that helps traders to monitor and identify potential market trends from one chart. This panel scans the Ichimoku Kinko Hyo indicator in 28 configurable instruments and 9 timeframes for classic Ichimoku trend signals with a deep scan feature to scan all market watch symbols (up to 1000 instruments!). Download Demo here (Scans only M1 and W1) Settings description here MT5 version here After the purchase, don't forg

50 USD

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churchil otieno 2025.08.13 08:37 #

very good indicator

1168

Nazmul Hasan 2025.02.19 09:18 #

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

633

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.

1746

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.

102887

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.

102887

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