[For further test/investigation]
But i think it is a brilliant standalone indicator esp for M5 and higher.
Set to 5,1,75,25
and the results are staggering.
on M1 there are inaccuracies but M5 and higher, it feels perfect
probably the best divergence indi iv seen
you can verify by adding one volatility indi example on M5 Bollinger =period 10,shift 0, deviation 1.9 (see last pic)
Pacois, please add alert sound