How about peaks 1 & 2? They have to be ignored! Peak 4 (which is the actual price maximum btw) is going to be ignored? (should be!)
Any help is appreciated, thank you.
Well, finding the actual, true peaks in the EMA-diff graph is just as hard as finding the true peaks in the price graph.
If we could do that without errors, we would all be rich

Right, but do you agree with the idea of considering not only the current value of ema-diff, but its trend, too?