"Delta Divergence" Powerful Indicator!

The idea is to create a delta divergence indicator, which i have learnt from a friend of mine working at JP Morgan, this will add immense value to users and increase their edge, which may mean it may convert more subscribers to ATAS on the long run :)

It identifies clusters/candles where the following conditions are met:

Bearish divergence:

New high with negative final delta, although the candle is not highlighted unless the candle that made the new high closes below opening (Bearish Candle- Red Candle) and that's just for confirmation so traders don't long a bearish trend.

Bullish Divergence:
New low with positive final delta, although the candle is not highlighted unless the candle that made the new low close above candle opening (Bullish Candle - Green Candle) and that's just for confirmation purposes so traders don't short a bullish trend ...

All it does is It just highlights bars when these conditions are met.

• Here is an explanation followed by an example;

This thoroughly explains delta divergence in a way much more efficiently analyzed than how 99% of the retail traders do!

You notice how price reversed to start a new trend Immediately after the delta divergence! Price has made new lows in all preceding bars but notice how the indicator did not mistake it ONCE due to the indicator's parameters and smart set rules.