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MACD Divergence Indicator MT5

4.55

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
  • 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.


Reviews 20
Dmitrii Skandalov
43
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

Thusego Masoka
238
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

Nicolas Dobrovsky
804
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

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Filter:
Dmitrii Skandalov
43
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

Thusego Masoka
238
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

Niccyril Chirindo
2020
Niccyril Chirindo 2023.11.15 12:05 
 

Powerful Indicator

pensandonofuturo
14
pensandonofuturo 2023.08.25 14:09 
 

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

Nicolas Dobrovsky
804
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
28
ShDNi Bagger 2023.07.27 00:03 
 

Sangat Powerfull*****

niliart
14
niliart 2023.07.12 19:45 
 

GOOD

usineko
14
usineko 2023.07.12 08:45 
 

good

Neil Richard Pinheiro
333
Neil Richard Pinheiro 2023.06.20 00:39 
 

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

Kurren James Kidd
414
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!

Cristian Mihail Pauna
13023
Cristian Mihail Pauna 2023.02.26 14:04 
 

User didn't leave any comment to the rating

64291969
55
64291969 2022.12.11 10:46 
 

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

Otis J
90
Otis J 2022.12.07 19:46 
 

awesome !!

JOHN Cletus
76
JOHN Cletus 2022.11.11 02:39 
 

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

Cleilson Bandeira
28
Cleilson Bandeira 2022.10.20 12:36 
 

Muito bom. Confiável em seus sinais. Recomendo.

ciro ruas junior
24
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.

Putu Yoga Era Subakti
132
Putu Yoga Era Subakti 2022.09.10 09:59 
 

This indicator is awesome! They have alert notification

RMSCH
224
RMSCH 2022.09.04 21:32 
 

Muito bom.

Latum
57
Latum 2022.09.02 01:07 
 

Inutile

Luster Mbongolwane
46
Luster Mbongolwane 2022.08.25 22:39 
 

Good job!

12
Reply to review
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.