OPEN-SOURCE SCRIPT
已更新

Local Limit Lower

4 071
Displays recent higher and lower lows.

In it's simplicity is a lot more powerful than might appear at first glance.
  • Does not rely on volatility calculation.
  • Can be linked together to create an objective view of recent support levels.
  • Makes current trends more visible.
  • Excellent as a trailing stop algorithm.


Can be used with its sibling: Local Limit Upper
發行說明
Reuse code from Local Limits.
Margin is now implemented properly.
發行說明
Eliminated buggy bar sensitivity option as the indicator works as intended without it.
發行說明
Code cleanup. Removed unused parameter.
發行說明
Added trend change values for more reliable alerts.

ALERTING:
Simply select the "Change" value and alert on "Greater Than" or "Less Than" zero depending on which direction you want to detect.
發行說明
Updated username/copyright.

免責聲明

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.