Divergence Dashboard MT5 Indicator: Automated MT5 trading scanner with verified divergence signals

The Divergence Dashboard MT5 Indicator review for 2026 examines real-world performance and provides detailed analysis of signal quality and operational behavior. This review focuses on verified results, signal characteristics, and the conditions that influence performance, presenting data-driven observations rather than marketing claims. In testing on demo and small live accounts, the indicator consistently detected both Regular and Hidden divergence setups across forex majors, with configurable thresholds limiting noise on lower timeframes. The Divergence Dashboard MT5 Indicator is unique because it aggregates divergence signals from up to ten oscillators and displays them in a single dashboard, speeding decision-making without manual chart scans. The algorithm works by identifying swing highs and lows, comparing price structure to oscillator peaks and troughs, and applying a filter layer for momentum and minimum pip distance. It is not a black-box entry-exit EA; instead, it signals setup validity and requires the trader or an execution rule set to place orders. The dashboard handles trending and range-bound markets differently by allowing users to prioritize Regular divergences in trending environments and Hidden divergences for continuation trades. Risk management is left to the user but the indicator supports stop level suggestions based on recent structure and ATR estimates. Expected performance characteristics include moderate win rates with favorable risk-reward on selected setups, higher signal density on lower timeframes, and improved reliability when combined with multi-timeframe confirmation.