CCI Divergence Indicator Download for MetaTrader 4 – Free – [TFlab] – MT4/MT5 Resources

On June 22, 2025, in version 2, the indicator added alert/notification functionality

The CCI Divergence Indicator is an efficient tool within the MetaTrader 4 oscillator designed to detect price divergences and identify overbought and oversold conditions .

This tool is based on Commodity Channel Index (CCI) changes and analyzes trend reversal points .

In this oscillator structure, bullish divergence is marked by an orange line , while bearish divergence is represented by a pink line , indicating potential price directional changes .

CCI Divergence Indicator Specifications

The table below summarizes the main characteristics of this indicator:

Indicator Overview

The combination of the divergence lines with overbought and oversold areas in the CCI Divergence indicator allows for early trend change detection .

• CCI above +100 : The market enters the overbought zone , signaling a potential price correction or the beginning of a bearish trend
• CCI below -100 : Indicates an oversold condition , warning of a bullish reversal and a possible uptrend

Indicators are in an upward trend

In the 4-hour AUD/JPY chart , the CCI Divergence Indicator identifies a divergence and plots a buy signal line .

Traders can confirm this signal if: CCI falls below -100 . A fall below this level and subsequent rebound strengthens the buy signal .

Indicators are in a downward trend

In the 1-hour AUD/CAD chart , the CCI divergence indicator identifies price divergence and marks it with a pink line .

If CCI falls below -100 , it signals an overbought condition , indicating potential price stalling or the beginning of a bearish correction.

CCI Divergence Indicator Settings

The settings panelThe indicator is shown below:

• CCI Period: Define the calculation period of CCI
• Number of candles used for pivot calculation: Specifies the number of candles used for pivot calculation
• Maximum distance between two pivots: Set the maximum distance between pivots
• Minimum distance between two pivots: Defines the minimum distance between pivots
• Number of divergences from pivot: Determines the number of divergences identified from the pivot
• Number of CCI Breakout Lines: Specifies the number of CCI breaks required to confirm divergence
• Shift: adjust price offset value
• Sell ​​Divergence: Defines the color of sell divergence signals
• Buy Divergence: Defines the color of buy divergence signals
• Width: adjust the thickness of the divergent line

Conclusion

The CCI Divergence Oscillator is an oscillator designed to identify overbought and oversold areas and detect price divergences .

This MetaTrader 4 signals and predictive indicator , by combining divergence signals in overbought and oversold conditions , allows traders to analyze potential trend changes and identify market reversal points.