Can someone make a divergence candle indicator

Can someone make a divergent candle indicator?

I need:

Blue Arrow- Bullish Divergent Candle: Makes a lower low than the previous 5 candles but finishes in the blue.
Red Arrow- Bearish Divergent Candle: Makes a higher high than the previous 5 candles but finishes in the red.

It needs to work on any timeframe and I would like to have a e-mail alert and audible alert options once the candle changes color and. I've attached a pic for a clearer view of what I'm looking for.

Thanks for any help.

No one???

Hi, friend

try this

Or try this one

I found this old thread by accident and waiting for the FOMC minutes today I had some time to develop this small indicator.
I never heard of divergence only by candle pattern, but I think it worth efforts to test the possibilities.

Parameters:

1. how_many_bars_to_check = 5;
   - if last CLOSED bar is (lets say) BEAR, this bar should have Higher High than the previous 5 bars
2. search_correct_trend_bars = true;
   - if last CLOSED bar is (lets say) BEAR, the bars before it should be BULL
3. how_many_correct_trend_bars = 3;
   - if "search_correct_trend_bars" is "true" - how many bars should be (in the above assumption) BULL
4. search_consecutive_bars = true;
   - if last CLOSED bar is (lets say) BEAR, the bars before it should be with Higher Open and Higher Close from each other (not necessary all bars should be BULL);
5. how_many_consecutive_bars = 3;
   - if "search_consecutive_bars" is "true" - how many consecutive bars should be there.
6. extern bool showAlert = true; - shows alert
7. extern bool sendMail = false; - sends mail
8. extern color arrow_color = Blue; - color of the arrow

What I call "trend" bar:
If we have a BEAR bar that has Higher High than the previous 5 bars - all these 5 bars should be BULL
(and vice versa)

What I call "consecutive" bars:
If we have a BEAR bar that has Higher High than the previous 5 bars - all these 5 bars should have higher open and higher close prices from each other. It's not necessary to be all BULL because some exception occurs if some bar is very small.
(and vice versa)

Please check the attached screenshots what I call "trend" bar and what I call "consecutive" bar.

I must be slow :-(
Seems like you have more than enough to play with.

Anyway another for you to try.

M.

Hey Futurespec

How re you? hope u re doing fine
I really appericate for ur work about divergent candle...it works like a charm thank you..Unfortunately i know nothing about coding and i need a little modification if it is possible..You know when it comes to trading sometimes seconds are super important(like almost an hour ago about gold)..Can we recieve alarm before candle close?i know when it comes to logic we can not be sure until it close but last devoloping stages of a candle say 10 seconds left to close for a 5 min candle we can guess it with big possibility if it is divergent or not...All i try to say is can we recieve potential divergent candle alarm with this cool indicator without cancel the recent alarm style?The first one is going to be a potential and the last one is a regular one..If yes it would help me a lot...



Thanks in advance