Divergence EA: Free MT5 EA Download & Source Code

Overview

Divergence EA aligns higher-timeframe trends on the Daily and 4-Hour charts before evaluating M15 entry signals. Entries require price pullbacks relative to fast and slow Exponential Moving Averages alongside RSI divergence detection, with an optional MACD momentum filter. Risk management features include fixed lot or percent-based position sizing, predefined stop loss and take profit targets in points, a maximum spread filter, and optional breakeven and trailing stop functionality.

Multi-timeframe trend alignment on Daily and H4 charts

RSI-based regular and hidden divergence detection

EMA trend and pullback confirmation filter

Fixed lot or percentage risk-based position sizing

Configurable trailing stop and breakeven controls

Details

Author

MuhammadHassanC on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

Trend following

Markets

Forex

Timeframes

M15-H1

Risk Profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA Files

Experts/DivergenceEA.mq5

Source

github.com/MuhammadHassanC/divergance_ea_mt5

Input Parameters

Read from DivergenceEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`InpDailyTF`	`ENUM_TIMEFRAMES`	`PERIOD_D1`	Daily Timeframe
`InpH4TF`	`ENUM_TIMEFRAMES`	`PERIOD_H4`	4-Hour Timeframe
`InpEntryTF`	`ENUM_TIMEFRAMES`	`PERIOD_M15`	Entry Timeframe
`InpFastEMA`	`int`	`9`	Fast EMA Period
`InpSlowEMA`	`int`	`50`	Slow EMA Period
`InpRSI_Period`	`int`	`14`	RSI Period
`InpDivLookback`	`int`	`30`	Divergence Lookback Bars
`InpPivotBars`	`int`	`5`	Pivot Detection Bars
`InpUseMACD`	`bool`	`false`	Enable MACD Filter
`InpMACDFast`	`int`	`12`	MACD Fast Period
`InpMACDSlow`	`int`	`26`	MACD Slow Period
`InpMACDSignal`	`int`	`9`	MACD Signal Period

Show all 26 inputs

Name	Type	Default	Description
`InpStopLoss`	`double`	`50.0`	Stop Loss (points)
`InpTakeProfit`	`double`	`100.0`	Take Profit (points)
`InpLotMode`	`ENUM_LOT_MODE`	`LOT_FIXED`	Lot Mode
`InpLotSize`	`double`	`0.01`	Fixed Lot Size
`InpRiskPercent`	`double`	`1.0`	Risk % per Trade
`InpUseTrailing`	`bool`	`false`	Enable Trailing Stop
`InpTrailingStart`	`double`	`30.0`	Trailing Start (points)
`InpTrailingStep`	`double`	`10.0`	Trailing Step (points)
`InpUseBreakeven`	`bool`	`false`	Enable Breakeven
`InpBE_Trigger`	`double`	`30.0`	BE Trigger (points)
`InpBE_Offset`	`double`	`5.0`	BE Offset (points)
`InpMagicNumber`	`int`	`123456`	Magic Number
`InpMaxSpread`	`int`	`30`	Max Spread (points)
`InpComment`	`string`	`DivEA`	Order Comment

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone MuhammadHassanC/divergance_ea_mt5 from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.

3Copy the filesCopy the .mq5 file into Experts, and any .mqh files into the Include folder the code expects.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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