The divergence lines will be drawn both on the chart and in the indicator window, and the indicator will use the MACD settings.The solid line shows the classic divergence, the dotted line displays the reverse divergence.It is possible to change the line color (the ColorBull and ColorBear variables), and also set the output mode and language for a message when divergence occurs.
Divergence MACD indicator MT4donwnload click here
There is also a application of Divergence MACD with Bollinger Bands.
In the folder there is also a template.
Divergence MACD withBollinger Bands indicator mq4 download click here.
Download
MACD
Divergence and template.zip
Copy
mq4 and ex4 files to your Metatrader Directory / experts /
indicators /
Copy
tpl file (Template) to your Metatrader Directory / templates /
Start
or restart your Metatrader Client
Select
Chart and Timeframe where you want to test your forex system
Right
click on your trading chart and hover on “Template”
Move
right to select MACD.
You
will see MACD
on
your Chart.
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