MT4 Price Volume Divergence Indicator Download - Free - [TFlab] | Forex Indicator Download - MetaTrader 4 Resources
On June 26, 2025, in version 2, the indicator added alert/notification functionality
The price volume divergence indicator is one of the simplest indicators for identifying and trading based on volume differences in financial markets forex market .
This MT4 signals and prediction indicator automatically detects classic and hidden divergences and displays trading signals directly on the chart .
The Volume Divergence indicator marks blue bullish signals and purple bearish signals .
Characteristics of Price Volume Divergence Indicator
The main specifications of this indicator are summarized in the table below.
| Indicator categories: | MT4 Volume Indicators Signals and Forecasts MT4 Indicators Trading Aids MT4 Indicators |
| Platforms: | MetaTrader 4 Indicators |
| Trading Skills: | Intermediate |
| Indicator Types: | Leading MT4 Indicators |
| Time frame: | Multi Time Frame MT4 Indicators |
| Trading Style: | Day Trading MT4 Indicators |
| Trading Tools: | Forward Markets MT4 Indicators Stock Market MT4 Indicators Cryptocurrency MT4 Indicators Forex MT4 Indicators |
Indicators are in an upward trend
In the EUR/CAD chart , the indicator detects the difference between price and volume and highlights entry points .
Traders can improve trading accuracy by integrating these signals with key areas such as price patterns such as Bullish Engulfing or order blocks , ensuring more confident trade executions.
Indicators are in a downward trend
In the GBP/JPY chart in a downtrend , this indicator identifies the difference between price and volume and generates bearish signals .
Traders can confirm these zones through verification signal candles , such as Pin Bars or key market levels .
Price volume divergence indicator settings
The settings panel for the price-volume divergence indicator is shown below:
- Enable or disable alerts when certain conditions are met: display alerts when a signal is triggered
- Enable or disable email notifications: Send email alerts when a signal occurs
- Enable or disable push notifications to your mobile device: Enable mobile push notifications
- Show volume bars on charts: Show volume bars directly on the price chart
Conclusion
The Price Volume Divergence indicator is one of the simplest MetaTrader 4 tools for identifying volume and price divergences .
This MT4 trading aid indicator automatically detects bullish and bearish volume divergences and marks them on the chart with color-coded signals .
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