LonesomeTheBlue

Higher High Lower Low Strategy

This script finds pivot highs and pivot lows then calculates higher highs & lower lows. And also it calculates support/resistance by using HH-HL-LL-LH points.

Generally HH and HL shows up-trend, LL and LH shows down-trend.

If price breaks resistance levels it means the trend is up or if price breaks support level it means the trend is down, so the script changes bar color blue or black. if there is up-trend then bar color is blue, or if down-trend then bar color is black. also as you can see support and resistance levels change dynamically.

If you use smaller numbers for left/right bars then it will be more sensitive.


free to use but the code is hidden and not free of charge, if you want the code please send me message.


comments are welcome.

If you find my works useful, please consider a donation
BTC: 19qDW9AShZhBZsGuXcgRzam5Fbpc3EU8EV
ETH: 0x39c8552371b9b7f4e324197af460ba8bc8e18ef9
Sürüm Notları: A few corrections in the code.
Sürüm Notları: Added Alert (when there is bar color change) - by request
Sürüm Notları: .
Favori Komutlardan Çıkart Favori Komutlara Ekle
If you find my works useful, please consider a donation
BTC: 19qDW9AShZhBZsGuXcgRzam5Fbpc3EU8EV
ETH: 0x39c8552371b9b7f4e324197af460ba8bc8e18ef9

Yorumlar

Can you share me the source code? my email id is felixntny@gmail.com
+7 Cevap Gönder
@felixntny, source code:
+21 Cevap Gönder
siddmuk2005 LonesomeTheBlue
@LonesomeTheBlue, means you are original author
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Hello. I found some bugs on the code?
The chart is making a higher high but the indicator still mark it as Lower high
imgur.c om/5uN2z2C
+3 Cevap Gönder
BillionaireLau BillionaireLau
This is by plugging today (1 April 2020) 1 min chart HSI data
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LonesomeTheBlue BillionaireLau
@BillionaireLau, no it's correct. after LL it needs to get higher price than last LH to make HH. but it coulnd'nt, so it's LH.
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Highly recommend anyone to use this. I have been using this for months. It is wonderful. Thanks mate.
+1 Cevap Gönder
TalalShak Joy_Bangla
@Joy_Bangla, How do you use it ?
+1 Cevap Gönder
Joy_Bangla TalalShak
@TalalShak, Let's say you add it on a chart 1day timeframe. You get the HH and HL on a rough estimate. You can draw the lines Then you see the last HL and HH or maybe the last to last HH and last to last HL. You can use that as your invalidation point.
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Is there a way to create alerts that display the price when it crosses either the HH or the LL? Great indicator by the way!
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