This paper proposes, investigates, and validates, by comprehensive experiments, new online automatic diagnostic technology for belt conveyor systems based on motor current signature analysis (MCSA). Motor current signature analysis (MCSA) is a method employed for detecting faults in electric motors by analyzing the current waveforms generated during motor operation. The technology capitalizes on the fact that motor defects, such as mechanical misalignment, bearing damage, and rotor bar defects, cause variations in a motor’s current waveforms, which can be discerned and analyzed using advanced signal processing techniques. MCSA is a non-invasive and cost-effective technique that can detect motor faults in real-time without requiring expensive equipment or disassembly of the motor. In this study, the researchers tested the proposed diagnostic technology, which relies on a power feature. The power feature is calculated as the integrated power within a specific frequency range, centered around the fundamental harmonic of the supply frequency. The purpose of the study is to evaluate for the first time the effectiveness of the proposed diagnostic technology for the diagnosis of a tracking of a belt conveyor. The proposed technology’s effectiveness is assessed using current signals that are obtained for two different scenarios: the normal belt tracking, and a belt mis-tracking under two different loads of a belt conveyor system. The study’s findings indicate that the proposed technology has a high level of diagnostic effectiveness when used for belt mis-tracking. Therefore, it is feasible to recommend this technology for diagnosing tracking issues in belt conveyors.