Can a PCF be written on an hourly and /or daily chart that shows divergence in the upper price chart from an indicator in a lower chart.

I would like to look for stocks on a hourly chart where divergence exists between price and TRIX 8,5, but only after price has crossed the 12ema.

Is this doable?  And BTW, thanks for your reply back on 5/4/12 on the ema PCF.

Identify first 4/12 ema cross over after both ema's are above the 40ema.

Entry bar on 4/12 ema cross over must close in top 1/3 of daily range.