All In One Divergence Indicator: RSI And MACD Pivots

Written by Dominic Walsh · Published 27 Jul 2026 · Last updated 26 Aug 2026

The all in one divergence indicator watches two oscillators at once. It marks a confirmed swing pivot on price, samples RSI and the MACD main line at that same bar, then reports the disagreement between them. `OscMode` decides whether RSI alone, MACD alone, or either one may raise the signal.

This build ships as a compiled .ex4 for MT4 and .ex5 for MT5; the screenshots below come from EURUSD H1.

Platforms	MT4 (.ex4) + MT5 (.ex5)
Chart window	Main price chart
Plots	2: BUY (bullish divergence), SELL (bearish divergence)
Alerts	popup, push notification, email, sound
Inputs	21

What the All In One Divergence Indicator draws on the chart

A BUY (bullish divergence) arrow sits under the confirmed swing low in aqua.

A SELL (bearish divergence) arrow sits above the confirmed swing high in magenta.

An OBJ_TREND line joins the two price pivots behind each signal, deep sky blue for bullish and magenta for bearish.

Each mark keeps a gap of `ArrowOffsetPts` points from the bar, which defaults to `45`.

• BUY (bullish divergence): arrow, aqua, width 2, arrow code 233
• SELL (bearish divergence): arrow, magenta, width 2, arrow code 234

How the All In One Divergence Indicator calculates its values

Finding pivots that cannot repaint

A pivot high needs `LeftBars` older bars and `RightBars` newer bars below it. Both default to `5`. The code tests a bar only once those five newer bars have closed, so a confirmed pivot never moves again. That delay buys you a fixed signal.

Sampling RSI and MACD at the pivot

iRSI runs at `RsiPeriod` `14` on the close. iMACD supplies the main line from `MacdFast` `12`, `MacdSlow` `26` and `MacdSignal` `9`. The code reads both oscillators at the exact pivot bar rather than at the current bar. Reading them there keeps the comparison honest.

Comparing the new pivot with the previous one

Bearish divergence needs a higher high on price and a lower high on the chosen oscillator. Bullish divergence needs a lower low on price and a higher low on the oscillator. The bar gap between the two pivots must fall inside `MinGap` `3` and `MaxGap` `60`. Anything outside that band the code skips.

How to read the signals

A mark appears `RightBars` bars after the pivot itself, so treat it as late but settled.

The joining line shows which two swings disagreed with the oscillator.

Set `OscMode` to RSI only or MACD only when you want fewer, stricter signals.

Divergence near the end of a long trend often marks a pause instead of a turn.

Alert channels in this build: popup, push notification, email and sound, one message per closed bar.

`EnableAlerts` ships on and `EnablePopup` carries the message. Push, email and sound sit behind `EnablePushNotify`, `EnableEmail` and `EnableSound`, all off by default, with `SoundFile` naming the clip. The guard allows one message per closed bar.

Every All In One Divergence Indicator input

Core settings

Setting	What it does	Default
OscMode	Oscillator used for divergence. Picks the oscillator, default `OSC_EITHER`. Either mode fires when RSI or MACD disagrees, so it gives the most signals.	OSC_EITHER
LeftBars	Bars to the left of a pivot. Older bars a pivot must beat, default `5`. Raise it to keep only the larger swings.	5
RightBars	Bars to the right (confirm delay). Newer bars needed to confirm a pivot, default `5`. Raising it delays every mark by the same amount.	5
MinGap	Min bars between paired pivots. Smallest bar gap between paired pivots, default `3`. It blocks two swings sitting almost on top of each other.	3
MaxGap	Max bars between paired pivots. Largest bar gap between paired pivots, default `60`. Beyond that the two swings have little to do with one another.	60
RsiPeriod	RSI period. RSI length behind the oscillator reading, default `14`.	14
MacdFast	MACD fast EMA. MACD fast EMA, default `12`.	12
MacdSlow	MACD slow EMA. MACD slow EMA, default `26`.	26
MacdSignal	MACD signal SMA. MACD signal SMA, default `9`.	9
SignalOnClosedBarsOnly	Confirm on closed bars only. Keeps the test on completed bars, default `true`. Leave it on unless you enjoy flickering marks.	on

Display settings

Setting	What it does	Default
ArrowOffsetPts	Arrow offset from the bar (points). Distance from the bar in points, default `45`.	45
BullLineColor	Bullish divergence trendline.	deep sky blue
BearLineColor	Bearish divergence trendline.	magenta
LineWidth	Divergence trendline width.	2

Alert settings

Setting	What it does	Default
MaxBars	History bars to scan (0 = all). History bars to scan, default `2000`. Lower it on a slow machine.	2000
EnableAlerts	Master alert switch.	on
EnablePopup	Popup alert.	on
EnablePushNotify	Push notification to mobile.	off
EnableEmail	Email alert.	off
EnableSound	Sound alert.	off
SoundFile	Sound file.	alert.wav

Settings that fit your chart

Divergence needs swings to compare, so it reads best where the market actually swings. EURUSD H1 is the reference chart, and `MaxGap` at `60` covers roughly two and a half days there. On M5 the pivots come thick and fast, and most pairings mean very little. Move to H4 or daily and the signals turn rare, with each one covering a lot of ground.

When the All In One Divergence Indicator fails

Divergence records disagreement, not a turn. A strong trend can print three of them and carry on.

The `RightBars` delay means the mark always lands after the extreme, never on it.

OSC_EITHER doubles the chances of disagreement, so it also doubles the false marks.

Copy the compiled All In One Divergence Indicator file into your MQL4/Indicators folder, and the MT5 build into MQL5/Indicators, then restart the terminal and drag it onto a chart. The step-by-step guide with screenshots is at how to install MT4 and MT5 indicators.

Download the All In One Divergence Indicator for MT4 and MT5

The zip holds the compiled All In One Divergence Indicator build for MT4 and MT5, plus a short README. Compiled files only, no source. Enter your email below and the download link arrives in your inbox.

FAQ

What does OscMode change?

It picks which oscillator has to agree. RSI only reads iRSI at the pivot, MACD only reads the MACD main line, and OSC_EITHER accepts a signal when either one disagrees with price. Either mode gives the most marks. The two single modes give fewer and stricter ones.

Why does RightBars delay every mark by five bars?

Because `RightBars` defaults to `5`. A pivot counts only once five newer bars have closed on the correct side of it. That delay is deliberate. It is what stops a mark appearing, vanishing and reappearing while the current bar moves around.

What do MinGap and MaxGap control?

The bar distance between the two pivots each signal compares. `MinGap` at `3` blocks near neighbours that carry no information. `MaxGap` at `60` stops the code pairing swings from different market phases. Widen `MaxGap` on higher timeframes if you want longer divergences.

Does the SELL (bearish divergence) plot suit any pair?

Yes. The logic reads high, low and close only, so it runs on EURUSD, gold or an index alike. EURUSD H1 is the reference chart here. Thin instruments give ragged pivots, so `LeftBars` and `RightBars` usually need raising on them.

Are results guaranteed?

No. Trading involves risk. Results are not guaranteed; past performance is not indicative of future results. Use the All In One Divergence Indicator as one input. Always backtest before trading live.