Divergence based on standard MACD with alerts and language selection. -MetaTrader 4 Script- MT4/MT5 Resources
Smoothed Moving Average Convergence and Divergence No need to appear on the chart.
However , if you attach the standard MACD, the divergence line will be drawn in both the chart and the indicator window,
And the indicator will use MACD settings.
The solid line shows classic divergence and the dashed line shows reverse divergence.
Line color can be changed ( Color and colorful bear variables), and also set the message output mode,
and change the message language to English when disagreements arise.
Attachment download
📎 DiverMACD.mq4 (14.78 KB)
Source: MQL5 #8665
Divergence based on standard MACD with alerts and language selection. -MetaTrader 4 script usage and filtering suggestions
Divergence based on standard MACD with alerts and language selection. -MetaTrader 4 scripts are resources related to foreign exchange indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •