MACD Divergence Scanner MT4

One of the most critical aspects of Forex trading is the ability to identify potential trend reversals. This is where the MACD Divergence Scanner MT4 comes into play. This advanced trading tool has been designed to spot divergences between the price chart and the MACD indicator, which are often indicative of impending trend reversals.

Spotting Divergences with Ease

The MACD Divergence Scanner MT4 is a multi-symbol and multi-timeframe dashboard that checks all timeframes and symbols for divergences. This feature allows traders to monitor multiple markets simultaneously, saving them the time and effort of manually checking each chart. The scanner is also integrated with support and resistance zones, allowing traders to focus on the most crucial areas of the chart to find potential trend reversals.

Efficient and User-Friendly Interface

One of the standout features of the MACD Divergence Scanner MT4 is its user-friendly interface. The dashboard displays the MACD Divergence for all selected symbols and timeframes. It also shows the number of candles since the divergence occurred and the number of trend waves that led to the divergence. Traders can also split symbols into multiple columns for easier viewing and management.

Customizable Alerts and Confirmations

The MACD Divergence Scanner MT4 offers a full set of customizable alerts for symbols and timeframes. Traders can choose from five confirmation options for MACD divergences, including MACD cross signal line, MACD line cross zero level, price returns to previous H/L, creating a new ZigZag leg in the price chart, and immediate alert without confirmation. Once a divergence is confirmed, the panel displays it, and traders can set the scanner to receive an alert.

Integration with Support and Resistance Zones

This scanner is designed to provide alerts for MACD divergences that occur within the support and resistance zones. This feature helps traders identify which MACD divergences occur in these zones. The parameters for these zones can be set in the scanner’s input parameters. These zones are calculated based on the shved supply and demand indicator.

FAQs

Does the MACD Divergence Scanner MT4 work in all markets?

Yes, the scanner works in all markets, including Forex, Stocks, Indices, Commodities, and Crypto.

Can I customize the appearance of the dashboard?

Yes, the scanner offers a full set of parameters for customizing the dashboard’s appearance.

What types of alerts can I enable?

You can enable pop-up alerts, push notifications to your mobile phone, and email alerts.

Does the scanner require a lot of system resources?

The dashboard operates efficiently on an average PC, supporting over 70 symbols and all 9 timeframes.

For more detailed information and independent testing of the MACD Divergence Scanner MT4, visit forexroboteasy.com. There, you can also subscribe to updates on the results of testing this product. We invite all users to share their experiences with this product, as this helps other traders make informed decisions.

Please note that this is an independent product review and is not associated with the creators of the MACD Divergence Scanner MT4.