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The indicator signals the appearance of a possible divergent bar based on the shape of the bar without angulation detection.
A bullish divergent bar is a bar that closes in its upper half (the higher the better), has a lower minimum than the previous bar, and drops sharply away from the Alligator indicator.
A bearish divergent bar is a bar that closes in its lower half (the lower the better), has a higher high than the previous bar, and moves up sharply from the Alligator.
SETTINGS
History – historical signal limit.
Bar closing – a condition for closing a signal bar.
Extremum – the number of bars by which highs and lows are determined.
Up arrow color – bullish signal color.
Down arrow color – bearish signal color.
Alerts – signal notification.
