MGHFX Launches MagicLine: A Multi-Timeframe Trend and Divergence Indicator for MetaTrader Traders


Posted August 25, 2026 by mghprogram

MGHFX has released MagicLine, a MetaTrader 4/5 indicator that combines multi-timeframe trend reading with Regular and Hidden divergence detection in a single window, replacing the need to run separate trend and divergence tools side by side.

 
MGHFX, a MetaTrader tool developer based in Canada, today announced the release of MagicLine, an indicator for MT4 and MT5 designed to give forex traders a clearer, unified view of trend and divergence across multiple timeframes. MagicLine combines three switchable line engines (Slow, Long, and Fast), allowing the same indicator to adapt to swing trading, all-round trend trading, or scalping. Up to six lines can each be tied to a different timeframe, giving traders a complete multi-timeframe trend picture in a single window instead of switching between charts. The indicator also detects both Regular and Hidden divergence, drawing every signal directly on the price chart and color-coding it by timeframe, removing the need to manually match peaks between an oscillator and the price chart. Three independent alerts, covering overbought/oversold breaks, center-line breaks, and divergence signals, can be delivered by popup, sound, email, or push notification. MagicLine is positioned as a confirmation and analysis tool rather than a signal service: it does not print entry arrows or stop-loss and take-profit levels, and is designed to be layered onto a trader's existing strategy rather than replace one. MagicLine is available now for MT4 and MT5, with a free demo, at https://mghfx.com. MGHFX also offers a range of other MetaTrader indicators and Expert Advisors (EAs) for forex traders, developed and tested by an active trader-developer. For more information, visit https://mghfx.com or contact MGHFX directly through the website.
 
Contact Email [email protected]
Issued By MGHFX
Country Canada
Categories Finance , Software
Tags magicline , metatrader indicator , forex trading tools , mt4 mt5 , technical analysis , divergence indicator , multitimeframe , trend indicator
Last Updated August 26, 2026