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MACD Divergence Indicator MT5

FREE

Published: 3 April 2022

Current version: 2.4

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Overview
Reviews (31)
Comments (20)
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MACD Divergence Indicator MT5

4.6

Indicators
Amir Atif
Version: 2.4
Updated: 4 September 2022

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...

donpakundo19 2025.03.29 03:22 #

always now in my chart

2327

Rafal Krzysztof Manuszewski 2024.10.05 14:20 #

good

223

Dmitrii Skandalov 2024.08.18 16:38 #

I want to thank you, you made an indicator that works well and you did it for free. Thank you

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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

RSI 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 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 price chart. Download demo version (works on M4,M5,M6,M12,H3,H8 timeframes) Full description of scanner parameters -> cli

60 USD

40% off. Original price: $50 Moving Average Trend Scanner is a multi symbol multi timeframe triple MA crossover dashboard that helps traders to monitor, and identify potential market trends from one chart. This panel scans 3 moving averages in up to 28 configurable instruments and 9 timeframes for triple moving average alignment and moving average crossover with a deep scan feature to scan all market watch symbols (up to 1000 instruments!). Download Demo here (Scans only M1 and M5) Settings

30 USD

50% off. Original price: $60 Support and Resistance zones indicator for MT5 is a multi-timeframe panel and alert that finds support and resistance zones and pivot points for all timeframes of MetaTrader 5 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 in

30 USD

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

MACD divergence indicator finds divergences between price chart and MACD indicator and informs you with alerts (popup, mobile notification or email). Its main use is to find trend reversals in the chart. 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 Creat

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

50% off. Original price: $60 Triangle Finder is a multi symbol multi timeframe dashboard that 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, M5 and M10) Settings description here MT4 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 watch symbo

30 USD

40% off. Original price: $50 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 instrument

30 USD

FREE

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

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 M4,M5,M6,M12,H3,H8 timeframes) Full description of scanner parameters

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 MT4 version here You only open the

FREE

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 wat

30 USD

40% off. Original price: $50 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 M6) Settings description here MT4 version here

30 USD

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

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: $375 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 Demo here (starting lot is fixed at 0.01) Guide + tips here MT5 version here You only open the first order. When your tr

187.50 USD

40% off. Original price: $50 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 detect

30 USD

Filter:

donpakundo19 2025.03.29 03:22 #

always now in my chart

Kenneth Raggs 2024.11.23 12:31 #

good help

2327

Rafal Krzysztof Manuszewski 2024.10.05 14:20 #

good

223

Dmitrii Skandalov 2024.08.18 16:38 #

I want to thank you, you made an indicator that works well and you did it for free. Thank you

289

Thusego Masoka 2024.03.01 17:22 #

It is a good indicator.. I wish it could give one the option to select weather you want buy or sell or both alerts

2770

Niccyril Chirindo 2023.11.15 12:05 #

Powerful Indicator

pensandonofuturo 2023.08.25 14:09 #

Gostei. Funciona muito bem em mercados laterais. Não recomendo usar quando estiver em clara tendência.

824

Nicolas Dobrovsky 2023.08.01 11:59 #

Very good divergence indicator. Some pairs are profitable even without additional filters. If you trade only by that indicator, you should not be losing. As a basic strategy it is great. I used to look for divergences by ZigZag manually, now this indicator can look for it. Thanks

ShDNi Bagger 2023.07.27 00:03 #

Sangat Powerfull*****

niliart 2023.07.12 19:45 #

GOOD

usineko 2023.07.12 08:45 #

good

349

Neil Richard Pinheiro 2023.06.20 00:39 #

In conjunction with other indicators, this indicator makes for profitable trading!

478

Kurren James Kidd 2023.05.06 04:48 #

Not sure why its free as this is an awesome indicator. Very useful for confirmation and notifies you when there's a signal. Thank you Amir!

13143

Cristian Mihail Pauna 2023.02.26 14:04 #

User didn't leave any comment to the rating

64291969 2022.12.11 10:46 #

Its an accurate indicator, gives instant profits on certain forex pairs.

110

Otis J 2022.12.07 19:46 #

awesome !!

JOHN Cletus 2022.11.11 02:39 #

This is amazingly good! I can recommend it to any trader.Thanks

Cleilson Bandeira 2022.10.20 12:36 #

Muito bom. Confiável em seus sinais. Recomendo.

ciro ruas junior 2022.09.25 15:51 #

Muito bom, faz o que tem que fazer bem feito. Agora ganhar do mercado é por sua conta meu caro.

132

Putu Yoga Era Subakti 2022.09.10 09:59 #

This indicator is awesome! They have alert notification

1 2

Version 2.4 2022.09.04

Fixed a bug in showing new divergences and indicator alerts.
Minor adjustment and improvements.

Version 2.1 2022.08.24

+ A new confirmation type added to the indicator: MACD Cross Signal Line.
+ Indicator performance improved.

Version 2.0 2022.05.21

+ Two confirmation type added to indicator (MACD cross zero level, Price Returns to Previous H/L).
+ For new confirmation types, when divergence confirms, the indicator shows an arrow on the chart.
+ For reducing the indicator's resource usage, now you can set to apply the indicator on how many number of candles.