LonesomeTheBlue

Higher High Lower Low Strategy (With Source Code)

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.

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source code of :
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If you find my works useful, please consider a donation
BTC: 19qDW9AShZhBZsGuXcgRzam5Fbpc3EU8EV
ETH: 0x39c8552371b9b7f4e324197af460ba8bc8e18ef9

Comments

Hi, really good script. I tested it for a while now. I want to use it for scalping, but the thing i am bumping in to is the 2 candle delay in calculating. After 2 candles it will give alerts, labels HH etc. I am aware the scripts needs data to calculate, but is there an option to tighten it? Is that what you mean by "If you use smaller numbers for left/right bars then it will be more sensitive."?
+4 Reply
LonesomeTheBlue bobbyvanessen
@bobbyvanessen, yes thats true
Reply
What is the meaning of "Left bar", "middle bar" and "right bar" in the input section?
+3 Reply
LonesomeTheBlue BillionaireLau
@BillionaireLau, they are both is required number to find Pvot Point. because it needs to check both side (left and right side) of candles to make sure if it's Pivot Point or not.
+1 Reply
Hey man, I just wanted to say that after trying hundreds of scripts (literally), this is the first (other than of RSI) that I've implemented into my strategy. Thank you.
+3 Reply
Thank you so much! Now it is easier to check for the trend. God bless you! Looking forward for more of your codes.
+2 Reply
PLEASE ADD A ALERT CONDITION OF THE CHANGE IN THE TREND (i,e with the change in bar colour)
+2 Reply
can you pls make a video of its explanation??
+1 Reply
This is beautiful.
+1 Reply
simply awesome...but can we make it back testable? so we can back test different pairs. thanks in advance.
+1 Reply
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