OPEN-SOURCE SCRIPT
Highest High, Lowest Low
Hi guys,
This is a simple indicator that I think looks 😎
Basically just determines what the Highest High and the Lowest Low for X bars is.
As many of you know, moving averages are quite susceptible to noise ~ I like how how this really shows key inflection points on the chart and reduces trade signal chop which leads to losses.
Seems to be a good system to use with bull flags, on tickers like: BTCUSD, TQQQ, SSO, SPX etc.
Spread from Moving average indicator is available under my other scripts -- seems to indicate when price momentum is starting to stall by price not moving further away from the moving average. That would indicate good points to take profits, as price will likely do a mean reversion 😭
This is a simple indicator that I think looks 😎
Basically just determines what the Highest High and the Lowest Low for X bars is.
As many of you know, moving averages are quite susceptible to noise ~ I like how how this really shows key inflection points on the chart and reduces trade signal chop which leads to losses.
Seems to be a good system to use with bull flags, on tickers like: BTCUSD, TQQQ, SSO, SPX etc.
- Highest High and Lowest Low lookback periods can be changed to your needs
- Have included a Moving Average
- Will be coding a strategy for this in the next couple of weeks.
- Have included in an alert system
Spread from Moving average indicator is available under my other scripts -- seems to indicate when price momentum is starting to stall by price not moving further away from the moving average. That would indicate good points to take profits, as price will likely do a mean reversion 😭
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開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。