MT5 Price Volume Divergence Indicator Download – Free – [TFlab] | Forex Indicator Download – MetaTrader 5 Resources

On June 26, 2025, in version 2, the indicator added alert/notification functionality

The price-volume divergence indicator is designed to identify changes in volume and its relationship with price movement in financial markets.

This MT5 trading aid indicator , by automatically detecting classic and hidden divergences , displays trading signals on the chart; bullish signals are marked in blue and bearish signals are marked in purple .

Price Volume Divergence Indicator Specifications

The table below summarizes the characteristics of this indicator.

Indicators are in an upward trend

On the EUR/AUD chart , this indicator displays entry signals by calculating the difference between volume and price .

Traders can use these signals to make timely entry and exit decisions by identifying the direction of the trend.

Indicators are in a downward trend

In the GBP/USD 4-hour chart , price is in a downtrend . The indicator identifies volume differences and displays this information below the candles with a purple arrow .

Price volume divergence indicator settings

The setting price volume divergence indicator is shown as follows:

• Enable or disable alerts when certain conditions are met : Show alerts when a signal occurs
• Enable or disable email notifications : Send email alerts when a signal occurs
• Enable or disable push notifications to your mobile device : Enable push notifications on your mobile device
• Show volume bars on chart : Show volume bars directly on the chart

Conclusion

This MT5 signals and prediction indicator works on various financial markets and helps in trend confirmation and identification of price reversal points .

Overall, the Price Volume Divergence indicator is an effective tool for detecting reversal points and confirming price trends , and can be used in risk management and trading strategies .