Abiroid MACD Scanner MT4

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.