New Highs - Marker

30 Ağu

Description:

• This indicator highlights every bar that sets a new high or matches the previous high.
  
• New Highs (ATH or Lookback Highs) are marked with a green triangle above the candle.
  
• Equal Highs (ties) are marked with an orange triangle above the candle.
  
• You can choose between All-Time Highs (lookback = 0) or rolling lookback highs over a user-defined number of bars.
  
• Alerts are included for both new highs and equal highs.
  

Use this tool to quickly spot breakouts or double-top style patterns as they form.

4 Eyl

Sürüm Notları

--this updated version now also shows new lows--

New Highs & New Lows – Marker

This indicator automatically highlights new highs and lows on your chart. It works in two modes:

All-Time Mode (Lookback = 0): Marks all-time highs and lows since the start of the chart.

Lookback Mode (Lookback > 0): Marks new highs or lows relative to the last N bars.

Both new extremes and equal highs/lows (ties) can be visualized with different colors and shapes. Alerts are included so you can be notified as soon as new highs or lows appear.

Use this tool to quickly spot breakouts, double tops/bottoms, or potential support/resistance levels.

Features

✅ Detect new highs and new lows
✅ Highlight equal highs and lows (ties)
✅ All-Time or rolling lookback mode
✅ Option to show only highs, only lows, or both
✅ Customizable colors and markers
✅ Built-in alerts for all conditions

Inputs & Settings

Mode: Choose between

B

• oth → Show both highs and lows
  
• Only Highs → Show only highs
  
• On
  

ly Lows → Show only lows

Lookback:

• 0 → All-Time Highs/Lows (since the beginning of the chart)
  
• >0 → Rolling highs/lows based on the last N bars
  
• Show New Highs/Lows: Toggle visibility of fresh highs/lows
  
• S
  

how Equal Highs/Lows: Toggle visibility of ties (same high/low as reference)

Colors:

• Green → New Highs
  
• Orange → Equal Highs
  
• Red → New Lows
  
• Ora
  

nge → Equal Lows


Alerts

The indicator includes 4 alert conditions:

• New High – when a bar creates a higher high
  
• Equal High – when a bar touches the same high
  
• New Low – when a bar creates a lower low
  
• Equal Low – when a bar touches the same low
  
• To enab
  

le, simply add an alert in TradingView and select the desired condition.


How to Use

Add the indicator to your chart.

Choose Lookback = 0 to track all-time highs/lows, or set a number (e.g., 20) for a rolling window.

Select Mode → Highs only, Lows only, or Both.

Customize colors and alerts to fit your strategy.

Watch for markers above/below bars:

Triangles Up (above candles) → Highs

Triangles Down (below candles) → Lows