Free MACD Divergence Indicator MT4 MT5

Updated: Nov 25

Today i have an quite interesting indicator for you all. It's a MACD Divergence signals, it shows bullish and bearish signals. You will see arrows up and arrows down on the chart once the divergence signal is received. Also this EA can send phone notifications, send emails and it will give you an alert message with sound every time. I think you won't miss any of the price movements. You can change the size of the arrow, color as well, there are all MACD indicator settings, so this forex robot is quite configurable and you can get plenty of different signals by changing it's settings.


This EA works like indicator, but it's not real indicator, cause it's created like expert advisor, so you have to insert it in the experts folder, not indicators.



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Download MT4 version

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An example how the chart looks like.

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Menu of the settings

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It's very easy to use this indicator, just attach the EA on the chart, set your desirable settings and press ok and that's all. You can use this indicator in the strategy tester too.



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