Hello,
Nicolas and members of Prorealcode have programmed a number of very effective indicators to detect classic discrepancies.
Is it possible that someone could help me to create an indicator that detects hidden discrepancies?
As you can see in the 2 screenshots, a hidden bullish divergence appears in an uptrend (EMA50>EMA200), when prices are lower, higher than the previous low, while the RSI level is lower than the previous low.
A hidden bearish divergence appears in a bearish trend (EMA50