Abiroid MACD Scanner MT4
- Indicatori
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Abir Pathak
I create MT4 and MT5 indicators. They are mainly arrows and scanner indicators and also some essential utilities.
I'm hoping they will make your trading easier and make you profitable.
You can join my Telegram channel to keep track of all products I post. - Versione: 1.3
- Aggiornato: 4 maggio 2026
- Attivazioni: 5
See detailed blogpost here with screenshots:
https://www.mql5.com/en/blogs/post/769560
Key Features at a Glance
- Multi-Timeframe Scanning: Monitor multiple timeframes (M30, H1, H4, etc.) for each pair simultaneously
- Multiple MACD Configurations: Run up to 5 different MACD parameter sets on the same chart to catch moves at different scales
- Kinetic Flow Filter: Distinguishes between genuine trend momentum and false signals caused by sideways price action
- Divergence Detection: Identifies regular and hidden divergences that often precede major reversals
- Explosive Momentum Alerts: Flags moments when MACD momentum is expanding at an abnormal rate (potential breakout)
- Exhaustion Warnings: Detects when momentum is running out, helping you manage risk before reversals
- Currency Strength Integration: Shows which currencies are structurally strong or weak, providing bias confirmation
- Multi-Pair Dashboard: Set market symbols (pairs) from Market Watch or custom list or presets
The dashboard is organized as a grid with pairs listed on the left and timeframes across the top. Each cell contains a wealth of information presented in an organized layout:
Row 1 - Technical Symbols: You'll see visual symbols and icons representing different signals:
- A right arrow symbol (displayed in green) indicates a bullish MACD cross. A left arrow symbol (displayed in red) indicates a bearish MACD cross.
- Kinetic flow symbols (when enabled) show momentum state - blue diamond for strong bull flow, pink diamond for strong bear flow, orange symbol for momentum decay, yellow exclamation mark for exhaustion
- Numbers in brackets like "[3]" show how many bars ago the signal occurred. Smaller numbers mean fresher and more actionable signals.
- Histogram state symbols - an up icon (n) shows histogram growing/expanding, a down icon (§) shows histogram shrinking/contracting
- Divergence tags like "Div+" (bullish regular), "Div-" (bearish regular), "hDiv+" (bullish hidden), or "hDiv-" (bearish hidden) highlight divergence signals
Row 2 - MACD Action Text: This is the core momentum recommendation. You might see:
- "Explosive Buy" or "Explosive Sell (2.1x)" - Histogram is expanding at abnormal rate (2.1x normal), signaling potential breakout or acceleration
- "Exhaustion: Fading (1.8x)" - Momentum has reached extremes and is contracting; may precede reversal
- "Wait: Pivot (45-52)" - Divergence detected between bars 45-52; price action may fail at prior highs/lows
- "Wait: Converging (0.8x)" - Histogram is shrinking; momentum losing strength; avoid entries
- "Strong Reversal (1.6x)" - Price crossed zero-line with expanding histogram; high-conviction reversal signal
- "Bullish Push (1.9x)" or "Bearish Push (1.5x)" - Momentum expanding above/below zero with directional persistence
- "Flat: Consolidation (2.3p)" - MACD near zero-line; market in indecision phase; wait for breakout
Row 3 - Kinetic Flow Status: This appears when Kinetic Filter is enabled and shows momentum persistence and quality:
- "Flow: Uptrend Robust (92%)" or "Flow: Downtrend Robust (87%)" - Strong directional bias with high quality score; momentum is persistent and reliable
- "Decay: Bullish Bias" or "Decay: Bearish Bias" - Momentum is losing strength but directional bias remains; start tightening stops
- "Fragile: High Penalty" - Momentum showing inconsistent direction; high risk of whipsaws
- "Exhaustion: 65% Penalty" - Kinetic analysis shows severe decay; reversal risk is elevated
Background Colors: The cell background tells you at a glance the priority level. Bright green or red backgrounds highlight "Explosive" or multi-timeframe confirmations. Neutral colors show developing or fading signals.
