MACD Divergence Scanner MT5
60 USD
Demo downloaded:
150
Published:
3 April 2022
Current version:
7.3
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Version 7.3
2025.06.08
+ Now scanner shows the divergences for all candles of the chart when you set the scanner to load only the current chart symbol.
+ You can set the dashboard to load timeframes only for the current chart (useful when you add the dashboard to a chart template).
+ You can set the scanner to show divergences on the dashboard chart or an already opened chart (in addition to show patterns on new charts).
+ You can set the scanner to alert only if the height of confirmation signal is bigger than symbol spread * spread multiplier (doesn't apply when “Confirmation Type” option set to immediate alerts).
+ You can change or disable the alert sound.
+ Rearrangement of input parameters for better accessibility.
+ "Hidden Divergence Ratios" section added to define the shape of the hidden divergence (like "Regular Divergence Ratios" section for regular divergences).
+ "Max. divergence candles" and "Min. divergence candles" options added to define the minimum and maximum time range of the divergences.
+ Now you can choose to calculate the ZigZag indicator with the close price of candles instead of the high and low prices.
+ Now you can set the start and end time for receiving alerts
+ Minor bug fixes and improvements.
+ You can set the dashboard to load timeframes only for the current chart (useful when you add the dashboard to a chart template).
+ You can set the scanner to show divergences on the dashboard chart or an already opened chart (in addition to show patterns on new charts).
+ You can set the scanner to alert only if the height of confirmation signal is bigger than symbol spread * spread multiplier (doesn't apply when “Confirmation Type” option set to immediate alerts).
+ You can change or disable the alert sound.
+ Rearrangement of input parameters for better accessibility.
+ "Hidden Divergence Ratios" section added to define the shape of the hidden divergence (like "Regular Divergence Ratios" section for regular divergences).
+ "Max. divergence candles" and "Min. divergence candles" options added to define the minimum and maximum time range of the divergences.
+ Now you can choose to calculate the ZigZag indicator with the close price of candles instead of the high and low prices.
+ Now you can set the start and end time for receiving alerts
+ Minor bug fixes and improvements.
Version 5.6
2023.11.02
+ The option “Mark divergences that happen after a long trend” added to the dashboard (for “Check trend length for regular divergences” parameter).
+ Improvement in detecting divergences with “Stochastic indicator” confirmation type.
+ Minor bug fixes and improvements.
+ Improvement in detecting divergences with “Stochastic indicator” confirmation type.
+ Minor bug fixes and improvements.
Version 5.5
2023.10.16
+ "Stochastic indicator" added for confirming the divergences, now you can choose to receive alert when the stochastic indicator lines cross each other. Also, you can set that the crossing must be in the overbought/oversold levels of the stochastic indicator.
+ Average body filter (for 2-bar and 3-bar patterns) and average height filter (for 1-bar patterns) parameters added to the dashboard, by enabling these filters you can set the dashboard to show only divergences that confirm by big size candlestick patterns.
+ Now you can use dashboard signals in your EAs. If you set the dashboard to show the divergences in new charts, then you can use the divergence information embedded in the Arrow name in your EA.
+ Now you can set the dashboard to mark the divergences that happen after a long trend (with L letter).
+ Average body filter (for 2-bar and 3-bar patterns) and average height filter (for 1-bar patterns) parameters added to the dashboard, by enabling these filters you can set the dashboard to show only divergences that confirm by big size candlestick patterns.
+ Now you can use dashboard signals in your EAs. If you set the dashboard to show the divergences in new charts, then you can use the divergence information embedded in the Arrow name in your EA.
+ Now you can set the dashboard to mark the divergences that happen after a long trend (with L letter).
Version 5.3
2023.09.19
+ Candlestick patterns (10 patterns) added to "Confirmation type" parameter, with this option divergence will be confirmed if a candlestick pattern forms after it.
+ Now you can filter divergences with 2 Moving Average indicators from same or upper timeframes, you can set timeframe and period of these MAs separately for each timeframe of the dashboard.
+ You can reverse the Moving Average filters and find divergences that are in the opposite direction of the MA, also you can set for each filter to be applied to which type of divergence (regular, hidden or both), also the filters can be reversed separately.
+ An option added to the dashboard to not remove the failed divergences from the dashboard, it is useful when you want to practice the divergence trading.
+ Now you can choose what information to see on the dashboard cells: “Divergence type, candles passed” or “Divergence type, divergence direction, candles passed” or “Compact detailed info”.
+ A parameter added to the scanner to use a second ZigZag indicator for detecting more divergences. Enabling this parameter slows down the scanner, so use it if you are loading a limited number of symbols and timeframes in the dashboard.
+ Now you can filter divergences with 2 Moving Average indicators from same or upper timeframes, you can set timeframe and period of these MAs separately for each timeframe of the dashboard.
+ You can reverse the Moving Average filters and find divergences that are in the opposite direction of the MA, also you can set for each filter to be applied to which type of divergence (regular, hidden or both), also the filters can be reversed separately.
+ An option added to the dashboard to not remove the failed divergences from the dashboard, it is useful when you want to practice the divergence trading.
+ Now you can choose what information to see on the dashboard cells: “Divergence type, candles passed” or “Divergence type, divergence direction, candles passed” or “Compact detailed info”.
+ A parameter added to the scanner to use a second ZigZag indicator for detecting more divergences. Enabling this parameter slows down the scanner, so use it if you are loading a limited number of symbols and timeframes in the dashboard.
Version 4.2
2023.03.24
Fixed a bug in changing the cell colors for S/R zones in the previous update.
Version 4.1
2023.02.23
+ Added Moving Average indicator filter, you can now set the scanner to find divergences based on the direction of the moving average and/or the position of the divergence relative to the MA.
- Fixed a bug in loading symbols from the symbol list when the symbol names have lowercase letters.
- Fixed a bug in loading symbols from the symbol list when the symbol names have lowercase letters.
Version 4.0
2023.02.22
+ Now you can set the scanner to only find divergences that happen at the end of a long trend.
+ Two new confirmation type ("Changing the color of Heiken Ashi indicator" and "Strong Reversing Candle") added to the scanner and "New zigzag leg" confirmation type removed from the scanner.
+ Two filters (and their parameters) added for detecting the strong reversing candle.
+ You can choose to show the divergence lines and arrow on the opened charts with custom chart template (in addition to the default chart template).
+ Minor improvements and bug fixes.
+ Two new confirmation type ("Changing the color of Heiken Ashi indicator" and "Strong Reversing Candle") added to the scanner and "New zigzag leg" confirmation type removed from the scanner.
+ Two filters (and their parameters) added for detecting the strong reversing candle.
+ You can choose to show the divergence lines and arrow on the opened charts with custom chart template (in addition to the default chart template).
+ Minor improvements and bug fixes.
Version 3.0
2023.01.14
+ "Max. divergence pullback percent (Fibonacci retracement)" option added to the scanner, with this option you can set the maximum acceptable percent for the last pullback in the trend.
+ "Min. length ratio (last wave/previous wave)" options added to the scanner, with this parameter you can define the minimum acceptable length of the last wave of the trend compared to the length of the wave before it.
+ "Max. length ratio (last wave/previous wave)" options added to the scanner, with this parameter you can define the maximum acceptable length of the last wave of the trend compared to the length of the wave before it.
+ "Min. time ratio (last wave/previous wave)" parameter added to the scanner, with this parameter you can define the minimum acceptable duration of the last wave of the trend compared to the duration of the wave before it.
+ "Max. time ratio (last wave/previous wave)" parameter added to the scanner, with this parameter you can define the maximum acceptable duration of the last wave of the trend compared to the duration of the wave before it.
+ Improving the dashboard appearance.
- Fixing a bug where sometimes the dashboard didn't send immediate alert for new divergences.
+ "Min. length ratio (last wave/previous wave)" options added to the scanner, with this parameter you can define the minimum acceptable length of the last wave of the trend compared to the length of the wave before it.
+ "Max. length ratio (last wave/previous wave)" options added to the scanner, with this parameter you can define the maximum acceptable length of the last wave of the trend compared to the length of the wave before it.
+ "Min. time ratio (last wave/previous wave)" parameter added to the scanner, with this parameter you can define the minimum acceptable duration of the last wave of the trend compared to the duration of the wave before it.
+ "Max. time ratio (last wave/previous wave)" parameter added to the scanner, with this parameter you can define the maximum acceptable duration of the last wave of the trend compared to the duration of the wave before it.
+ Improving the dashboard appearance.
- Fixing a bug where sometimes the dashboard didn't send immediate alert for new divergences.
Version 2.9
2022.12.20
+ "Min. divergence pullback percent (Fibonacci retracement)" option added to the scanner, this option helps to filter out divergences caused by small pullbacks in the trend.
+ The direction of the arrows in the dashboard cells reversed to show the direction of the price legs that create the divergence (up arrows for bearish divergence and down arrows for bullish divergence).
+ "Cell background color" option added for the dashboard.
+ The direction of the arrows in the dashboard cells reversed to show the direction of the price legs that create the divergence (up arrows for bearish divergence and down arrows for bullish divergence).
+ "Cell background color" option added for the dashboard.
Version 2.8
2022.12.08
+ You can select for each symbol to alert only bullish or bearish divergences by clicking on its cell on dashboard.
+ Panel cells show the strength of divergences (weak, medium, strong).
+ You can see divergence lines for both price and RSI indicator when checking divergences in new charts.
+ You can see nearest support and resistance zones when checking divergences in new charts to see the price distance to S/R levels.
+ Panel cells show the strength of divergences (weak, medium, strong).
+ You can see divergence lines for both price and RSI indicator when checking divergences in new charts.
+ You can see nearest support and resistance zones when checking divergences in new charts to see the price distance to S/R levels.
Version 2.7
2022.10.29
+ A parameter added to enabling alerts for selected timeframes on startup of dashboard.
Version 2.6
2022.09.29
+ Added an option to receive alert immediately after divergence detected by scanner (before any confirmation, this may create repeated alerts).
+ Now you can split the symbols into 3 columns for showing more symbols in the dashboard on a single chart.
+ Now you can split the symbols into 3 columns for showing more symbols in the dashboard on a single chart.
Version 2.5
2022.09.10
Added a parameter to automatically open divergence chart after detecting the divergence, without clicking on dashboard cell.
Version 2.3
2022.08.17
+ A new confirmation type added: MACD Cross Signal Line.
+ A parameter added to load a custom chart template when clicking on the dashboard cells.
! Fixed a bug in showing the zones when MetaTrader starts up.
+ A parameter added to load a custom chart template when clicking on the dashboard cells.
! Fixed a bug in showing the zones when MetaTrader starts up.
Version 2.2
2022.06.28
Fixed a bug in splitting symbols into 2 columns.
Version 2.1
2022.06.27
“Split symbols in 2 columns” option added to parameters, now you can show more symbols in dashboard on a single chart.
Version 2.0
2022.05.21
+ Two confirmation type added to scanner (MACD cross zero level, Price Returns to Previous H/L).
+ The panel shows that how many candles passed since the divergence occurred.
+ The panel shows the number of trend waves (2 or 3 and more) that leads to the divergence.
+ The panel shows current divergences at startup.
+ Now you can choose to receive alerts for bullish and bearish divergences separately.
- Input parameters modified and rearranged.
+ The panel shows that how many candles passed since the divergence occurred.
+ The panel shows the number of trend waves (2 or 3 and more) that leads to the divergence.
+ The panel shows current divergences at startup.
+ Now you can choose to receive alerts for bullish and bearish divergences separately.
- Input parameters modified and rearranged.
Version 1.1
2022.04.03
- Fixed a problem in loading the dashboard on the chart.
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