RSI Divergence Signals MT4
by Mattia Marco Platania · MT4
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Summary
RSI Divergence Scanner is a budget MT4 indicator by Reza Aghajanpour priced at $30 with a 4.42/5 rating. It helps spot RSI divergence setups but lacks verified live performance stats. Traders seeking different angle tools may prefer alternatives: Haven Candle Timer for session timing, MTF Trend Monitor for multi-timeframe trend context, STRAT Price Action Scanner for price-action signals, Currency Strength Meter Pro for cross-pair strength, or MACD Intraday Trend PRO for momentum-based intraday entries. Consider broker spreads, execution, and drawdown risk before relying on any indicator; FxRobotEasy independently reviews all products.
Retail forex traders compare RSI Divergence Scanner with alternatives because divergence signals can be a useful filter but are not a complete trading system. The RSI Divergence Scanner focuses on spotting regular and hidden RSI divergences on MT4, offering a lightweight, affordable option at $30 from Reza Aghajanpour. Alternatives may offer session timing, multi-timeframe trend context, price-action scanning, currency strength, or MACD-based intraday signals. Traders must weigh platform compatibility, broker rules, spreads, execution quality, and drawdown risk when choosing an indicator. FxRobotEasy independently reviews every product to help traders make informed, realistic decisions.
| Metric | RSI Divergence ScannerMain Product | Trendopedia Ai Our bot | RSI Divergence Signals MT4 | RSI Divergence Pulse MT4 | RSI Divergence TV | RSI Divergence Pro MT4 |
|---|---|---|---|---|---|---|
| Rating | 0.0 | N/A | N/A | N/A | N/A | N/A |
| Price | $30 | $149 | N/A | $50 | N/A | $50 |
| ROI | N/A | +291.1% | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 22.0% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 56.4% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 1.48 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 429 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
RSI Divergence Scanner is an MT4 indicator by Reza Aghajanpour, priced at $30 and rated 4.42/5. Strengths include a focused divergence detection algorithm that flags regular and hidden RSI divergences, ease of use on MT4 charts, and affordability for traders testing divergence strategies. Weaknesses include the lack of verified historical or live performance stats, potential false signals in low-volatility or choppy markets, and dependence on trader discretion for entry, exit, and risk management. It suits traders who want a simple divergence filter to add to manual or automated setups, especially those using MT4. Be aware of broker spreads, execution latency, margin and drawdown risks, and that divergence signals alone do not guarantee profitable trades. FxRobotEasy independently reviews this product.
by Mattia Marco Platania · MT4
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RSI Divergence Scanner is a cost-effective MT4 tool for traders who value simplicity and divergence alerts, priced at $30 with a 4.42/5 rating. Its main limitation is the absence of verified performance stats, so traders should not rely on it alone for trade decisions. Alternatives provide complementary capabilities: timing, multi-timeframe trend, price-action scanning, currency strength, and MACD intraday momentum. Consider platform compatibility, broker spreads, execution, and drawdown risk when choosing. FxRobotEasy independently reviews all products and also verifies bots and systems as alternative options if you prefer a fully tested automation route.
RSI Divergence Scanner can be worth buying if you need an affordable MT4 indicator to flag RSI divergence setups and you are comfortable applying your own entries, stops, and position sizing. It costs $30 and is rated 4.42/5, but there are no verified performance stats. Test it on a demo account, account for your broker's spreads and execution, and avoid relying on divergence signals alone without broader trade management.
There is no one-size-fits-all best alternative; choice depends on your needs. For timing use Haven Candle Timer, for trend context pick MTF Trend Monitor, for price-action signals choose STRAT Price Action Scanner, for pair selection try Currency Strength Meter Pro (MT5), and for intraday momentum consider MACD Intraday Trend PRO. Many alternatives lack verified stats and some lack price or platform details, so demo-test before live use.
Always factor broker spreads, commission, execution latency, and margin rules because indicators produce signals but brokers determine trade quality. Wider spreads can turn marginal signals into losses, and slippage around news can invalidate entries. Test any indicator on your broker's demo and monitor drawdown scenarios. Use sound position sizing and stop placement to limit risk rather than assuming indicator signals guarantee success.
While evaluating RSI Divergence Scanner and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+291.1%
Total Return
22.0%
Max Drawdown
56%
Win Rate
429
Total Trades