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    cTrader Divergence Indicator Collection


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    This is a collection of 6 Free cTrader Divergence indicators which show when the price of an instrument is moving in the opposite direction of a technical indicator. This type of indicator can warn that the current price trend may be failing which can lead to the price changing direction.
    (OS) Type: Windows & Mac OS Compatible
    Current version: 1.0.0
    Updated: Sunday, 20 August 2023
    Author: ClickAlgo Team

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    Educational content: Read our disclaimer

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    cTrader Software





    What is Divergence?

    A Divergence in technical analysis can show an important positive or negative price move when it is a positive divergence then the price of a symbol will make a new low while a technical indicator will show the opposite trend, this also applies to a negative divergence with a positive technical signal.

    • A positive divergence shows where the price could start moving higher and it happens when the price is moving lower but a technical indicator is moving higher or showing bullish signals.
    • A negative divergence shows where a lower price could start moving lower. It happens when the price is moving higher but a technical indicator is moving lower or showing bearish signals.

     

    Automated Alerts

    Some of these indicators have automated pop-up window alerts with sound.

     

    cTrader Divergence Alerts

     

    Commodity Channel Index (CCI) T3 Divergence + Alerts

    This indicator is also very rare on the Internet. The divergence version of the Commodity Channel Index​ (CCI) is a momentum-based oscillator used to help define when a symbol is reaching a state of being overbought or oversold. This Trading Indicator is built with a combination of CCI and T3 indicators and a distinctive feature of the CCI T3 Divergence indicator from other indicators is that it can work in the search mode not only divergence, and convergence.

     

    cTrader CCI Divergence Indicator

     

    Elliot Wave Oscillator (EWO) Divergence + Alerts

    The Elliott Wave Oscillator (EWO) is the difference between a 5-period and 35-period simple moving average indicator (SMA) which is based on the close of each candlestick. If the price is in an uptrend and the uptrend has historically been stronger over the previous five candles relative to the previous 35, then the indicator will be deemed as positive. 

     

     cTrader EWO Divergence Indicator

     

    FX5 OsMA Divergence

    The FX5 Divergence indicator for the cTrader platform is a powerful tool for detection value reversal points from support and resistance zones and it can plot divergence lines between the worth and OsMA indicator.

     

    cTrader FX5 Divergence Indicator

     

    MACD Divergence + Alerts

    The Moving Average Convergence Divergence (MACD) indicator is a trend-following momentum indicator that determines the correlation between two moving averages. This indicator is used to determine when there is a bearish or bullish high momentum so the trader can identify the entry and exit prices.

     

    cTrader MACD Divergence

     

    Momentum Divergence + Alerts

    The Momentum divergence indicator is the deviation of price and volume expressed as a continuation of a trend without the momentum to support the move. A symbol price may rise, but the volume begins to fall behind the incline which would mean there are no strong buyers.

     

    cTrader Momentum Divergence Indicator

     

    RSI Divergence

    Most traders will look to the RSI indicator for the upper and lower overbought and oversold levels, but they neglect the important divergence that is also embedded in the RSI indicator. An RSI divergence is a powerful indicator that can find possible market reversals by comparing the indicator and market direction.

     

    cTrader RSI Divergence

     

    Video Overview

    This is a quick video to help you see what the indicators look like before you download and install them.

    * Video length: 4-minutes

     

    How To Install & Remove

    First, make sure you have the cTrader trading platform installed and then unzip the file and double-click on it to automatically install it onto the platform.

     

    Any Questions?

    If you have any questions, please first search our product help forum for the answer, if you cannot find it, post a new question.

     

    Need a Broker

    If you are still looking for a broker you can trust, take a look at our best cTrader broker site.

     

    * Manual trading only - source code not available.