MetaTrader 4 All-in-one Divergence Indicator Download – Free – [TFlab] – MT4/MT5 Resource

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

The all-in-one divergence indicator is a comprehensive tool for identifying divergences in price charts . Using this MetaTrader 4 indicator , traders can analyze divergences with ease.

This ALO Divergence Indicator includes eight divergence oscillators , such as RSI, CCI and other technical analysis tools , providing clear buy and sell signals directly on the chart.

All-in-one Divergence Indicator Features

The table below summarizes the main characteristics of this indicator:

Indicator Overview

This MetaTrader 4 oscillator automatically detects divergences , identifies both regular and hidden divergences and displays them directly on the price chart .

By default, the indicator is set up to detect AO (Awesome Oscillator) divergence , and it can be used across all timeframes .

• Bullish divergences are displayed in blue .
• Bearish divergences are displayed in pink .

Indicators are in an upward trend

In the lower panel of the chart, the indicator identifies bullish divergence and generates a buy signal .

Traders can confirm this signal by increasing the volume of the green bar and observing a crossover above the zero level , which enhances the reliability of the signal .

Indicators are in a downward trend

In the 5 minute AUD/JPY chart , after detecting a bearish divergence , the downtrend begins .

Additionally, as the red bars increase in volume , traders can confirm the strength of the bearish trend .

All-in-one divergence indicator setup

The indicator settings panel is shown below:

• Type Of Indicator: Indicator type
• Number of candles used for pivot calculation: Number of candles used for pivot calculation
• Maximum distance between two pivots: Maximum distance between two pivots
• Minimum distance between two pivots: Minimum distance between pivots
• Number of divergences from pivot: The number of divergences detected from the pivot
• Number of indicator lines breaking through divergence: number of indicator lines at divergence breakpoints
• Shift: Price shift value
• Sell ​​Divergence: color of sell divergence signal
• Buy Divergence: Color of buy divergence signal
• Width: Line thickness
• RSI Period: RSI calculation period
• Applied price: Applied price used for calculation
• CCI Period: CCI calculation period
• MACD inputs: MACD configuration parameters
• Fast EMA period: Fast EMA period
• Slow EMA period: Slow EMA period
• Signal SMA period: Signal SMA period
• STOCHASTIC inputs: stochastic oscillator settings
• K period: random K period
• D period: Random D period
• Slowing: Slowing factors of random factors
• OBV inputs: OBV calculation settings
• CMF inputs: CMF calculation settings
• Used Periods: Selected calculation time period
• Type Of Volumes: Volume data type used
• TSI inputs: True Strength Index (TSI) settings
• True Strength Index Momentum Smoothing Period 1: The First Smoothing Period
• True Strength Index Smoothing Period 2: Second Smoothing Period
• Price: The price setting used in the calculation

Conclusion

The ALO Divergence Indicator is one of the most advanced divergence detection tools in MetaTrader 4 , using multiple technical analysis oscillators to display buy and sell signals based on bullish and bearish divergences .

This MT4 signals and forecast indicator provides high accuracy in identifying market reversal points , thanks to its automatic detection of routine and hidden divergences .