EMA Divergence Color Candles

This indicator colors candles based on their position relative to the EMA and the strength of the divergence.

Above EMA → Blue (bullish zone)

Below EMA → Red (bearish zone)

Divergence strength is shown in 3 color levels:

Weak (close to EMA)

Medium

Strong (far from EMA)

The indicator draws its own candles, so no TradingView settings need to be changed.
The EMA line is also shown on top of the custom candles.