MT4-Divergence Scanner Macd Rsi 30 Pairs 8 Tf

This indicator is designed to detect the best divergences between price/MACD and price/RSI. MACD and RSI produce by far the best divergence signals therefore this indicator focus on those two divergences.

This indicator scans for you up to 30 instruments and up to 8 timeframes for bullish and bearish divergences.

You need to add the indicator only to one single chart ! The indicator will then automatically scan all configured instruments and timeframes.

Important Information

How you can maximize the potential of the scanner, please read here: www.mql5.com/en/blogs/post/718074

The indicator checks both divergences at the same time (MACD / RSI) unless you deactivate one of the divergence checks.

Free Demo version can be found here: https://www.mql5.com/en/market/product/28497

Parameters

• alertsLong: True = Yes, False = No - if true , then the indicator alerts occurrences of "Bullish Divergence" signals for long entries
• alertsShort: True = Yes, False = No - if true , then the indicator alerts occurrences of "Bearish Divergence" signals for short entries
• alertsViaMT4: True = Yes, False = No - if true , then the indicator gives alerts via MetaTrader 4 popup
• alertsViaEmail: True = Yes, False = No - if true , then the indicator gives alerts via email
• alertsViaPush: True = Yes, False = No - if true , then the indicator gives alerts direct to your mobile phone
• alertsM1: True = Yes, False = No - if true , then the indicator searches for "Divergence" signals on M1
• alertsM5: True = Yes, False = No - if true , then the indicator searches for "Divergence" signals on M5
• alertsM15: True = Yes, False = No - if true , then the indicator searches for "Divergence" signals on M15
• alertsM30: True = Yes, False = No - if true , then the indicator searches for "Divergence" signals on M30
• alertsH1: True = Yes, False = No - if true , then the indicator searches for "Divergence" signals on H1
• alertsH4: True = Yes, False = No - if true , then the indicator searches for "Divergence" signals on H4
• alertsD1: True = Yes, False = No - if true , then the indicator searches for "Divergence" signals on D1
• alertsW1: True = Yes, False = No - if true , then the indicator searches for "Divergence" signals on W1
• alertMACD : True = Yes, False = No - if true , then the indicator searches for "Divergence" between price an the MACD indicator
• alertRSI : True = Yes, False = No - if true , then the indicator searches for "Divergence" between price an the RSI indicator
• macd_fastEMA : the period setting of the fast EMA for the MACD
• macd_slowEMA : the period setting of the slow EMA for the MACD
• macd_signalSMA : the period setting of the signal SMA for the MACD
• period : the period setting of the RSI
• templateName: - if you press a button on the chart (which contains the name of an instrument), then the appropriate chart will open and a template with the specified name will be attached
• checkEveryXSeconds - every X seconds, the indicator checks the next instrument/timeframe for the occurrence of a "Divergence" signal
• i1-i30 - define up to 30 instruments, which will be monitored/checked for the occurrence of a "Divergence" signal

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