RSI Divergence Indicator MT4

4.79

RSI divergence indicator finds divergences between price chart and RSI 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 RSI divergences:

  • RSI line cross 50 level (doesn't repaint)
  • Price returns to previous H/L (doesn't repaint)
  • 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 set the indicator to alert only when RSI divergence occurs in the overbought/oversold levels.

- 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 22
Artialberta
730
Artialberta 2025.04.26 16:39 
 

Superbe indicateur

MP_mpap
633
MP_mpap 2024.12.21 12:39 
 

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

Tony Gregg
815
Tony Gregg 2024.06.13 20:36 
 

Working good. Thank you!

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Volume Break Oscillator is an indicator that matches price movement with volume trends in the form of an oscillator. I wanted to integrate volume analysis into my strategies but I have always been disappointed by most volume indicators, such as OBV, Money Flow Index, A/D but also as Volume Weighted Macd and many others. I therefore wrote this indicator for myself, I am satisfied with how useful it is, and therefore I decided to publish it on the market. Main features: It highlights the phase
Scalper Inside PRO
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Artialberta
730
Artialberta 2025.04.26 16:39 
 

Superbe indicateur

MP_mpap
633
MP_mpap 2024.12.21 12:39 
 

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

Ismail Hassan Lemin
787
Ismail Hassan Lemin 2024.09.21 16:33 
 

Hello Atif. Can you adjust the Rsi to reduce the repainting?

Shailesh Bhoyar
18
Shailesh Bhoyar 2024.09.03 20:44 
 

Accuracy of product is 70% with 1:2+ ratio

Tony Gregg
815
Tony Gregg 2024.06.13 20:36 
 

Working good. Thank you!

Groer
14
Groer 2024.05.30 19:54 
 

User didn't leave any comment to the rating

garling
14
garling 2024.05.21 07:33 
 

can only use in MT5，sad

jenaustria
259
jenaustria 2024.05.18 10:01 
 

User didn't leave any comment to the rating

rovinades
431
rovinades 2024.05.17 12:47 
 

User didn't leave any comment to the rating

Solene Clement
370
Solene Clement 2024.05.17 11:37 
 

User didn't leave any comment to the rating

Calix Fujimoto
467
Calix Fujimoto 2024.05.08 09:39 
 

User didn't leave any comment to the rating

John Mlay
181
John Mlay 2024.03.31 17:55 
 

User didn't leave any comment to the rating

Samuel Ohida
19
Samuel Ohida 2024.03.04 12:02 
 

A perfect help for Divergence!

Jack Hudson
260
Jack Hudson 2023.11.30 17:08 
 

Finally an RSI Divergence Indicator that is adjustable! Better than others I paid for. This has me wanting to look at the authors work I can pay for. Many thanks sir.

Maras
26
Maras 2023.08.06 20:54 
 

Prima :)

1122jpw4466
14
1122jpw4466 2023.06.16 05:58 
 

Seems OK so far

klangsub888
14
klangsub888 2023.06.04 12:28 
 

good

Nina Duvenage
58
Nina Duvenage 2023.05.17 07:56 
 

Спасибо! Отличный индикатор!

Rich8989
1018
Rich8989 2023.03.11 04:02 
 

Good Indicator

Mortada Al-haidari
18
Mortada Al-haidari 2022.12.08 17:44 
 

The indicator does not work in the re-test

Amir Atif
104021
Reply from developer Amir Atif 2022.12.10 11:18
Hi, indicator updated, please install the version 3.5 of the indicator.
12
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