The importance of counting HH&LL is to find the possible extreme of the current leg and the potential reversal. This script helps you count the number of bars which are constantly higher or lower than the previous ones. I set the script to count from the first one, but only display the number from the third, in order to eliminate too much noise. Note : I have...
This is my modified "Higher Highs & Lower Lows Stochastics" employing PSv4.0, originally formulated by Vitali Apirine for TASC - February 2016 Traders Tips. Reading through a TASC magazine of mine, behold, I found a little known indicator that I can't find anywhere on all of Tradingview. That was a tragedy I felt I had to resolve... This indicator is best...
A simple way to find Higher Highs and Lower Lows (HH and LL) whit automatic Fibonacci Lines in the most common levels. In this indicator the Higher Highs only happens when a high value are rising from each other in the last "Length of Real Pivots" highs and the next same number of highs are falling in every single bar. The Lower Lows are inverted, LL only...
This is my favorite for Tradingview. Please use other indicators to find good entry and good exit. This is why this publication has so many indicators. A good indicator will find good results even on line chart. Feel free to try on "Heiken Ashi" but understand that "line" chart is much more realistic Due to tradingview's crappy auto resize, the best way to view...
High and Lows Script. For all the price action lovers out there. Hope you all enjoy. Thanks
This indicator gives a clear indication of price action swing-points as well as an indication of whether it is a higher, lower, or equal swing point relative to the last high/low.
My second version of plotting Swing Highs and Swing Lows A Swing High (SH): a price bar high preceed by two lower highs (LH) and followed by two lower highs (LH) This version enables you to ignores swing highs and lows when the market volatility is small and not suitable for trading. Thus it will depict fewer number of SH and SL markers, making the chart a bit...