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I'm looking for a experience on programming to build me EA scanner that send alert with arrow on screen without open trade MT5 EA based on RSI REGULAR DIVERGENCE in uptrend and downtrend only
A Regular Bullish Divergence
If the price is making lower lows (LL), but the oscillator is making higher lows (HL), this is considered to be regular bullish divergence.
A. Regular Bearish Divergence
Now, if the price is making a higher high (HH), but the oscillator is lower high (LH), then you have regular bearish divergence. the EA must not send signal when the market is ranging so you need to test it first multiple currency pairs time frame H4 D1 W1 MN https://www.babypips.com/learn/forex/regular-divergence
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