Lowerhigh

WLI Swing High/Low advnc indicator for Class members else label.set_xy(lowMsg, bar_index, close) label.set_text(lowMsg, "making New Low") label.set_color(lowMsg, newSwingLowColor) label.set_textcolor(lowMsg, color.white) else if not na(lowMsg) label.delete(lowMsg) lowMsg := na

Indicator

by We_Learn_Investing

Williams Fractals - LH/HL Same of original Williams Fractals, but with the following changes - changed arrow directions - added option to show Lower Highs and Higher Lows - added alerts for Lower High and Higher Low Enjoy~~

Indicator

LocalLimit Library "LocalLimit" Calculates the local upper or local lower limit for a given series. Applying multiple passes produces what appears like support or resistance levels. See Local Limits for more detail. upper(src) Produces the recent local upper limit for a given series. Parameters: src : The source series to derive from. lower(src) Produces the recent local lower limit for a given series. Parameters: src : The source series to derive from.

Library

LH-LL/HL-HH Confirmation Trend Line Based on Dow Theory, a series of successive higher highs (HH) and higher lows (HL) is the sign of an uptrend (bull trend) and a series of successive lower highs (LH) and lower lows (LL) is the sign of a downtrend (bear trend). So this script indicates the trends using the concept and draws corresponding trend lines. It took some effort to make it possible for users to see as many trend lines as they wish. Eventually the user could set the number alongside some other options in the indicator settings. Use the script and send me your thoughts!

Indicator

Local Limits Displays recent higher highs, lower highs, lower lows, and higher lows as a collection of local limit indicators. In its 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 and resistance levels. Makes current trends more visible. Excellent for use as a trailing stop algorithm. Parameters Single Bar Sensitivity: True (default) reacts to individual bars. False only responds to the alignment of 2 bars. Margin (1-5): Adds extra distance from higher lows and lower highs to reduce the sensitivity of broken trends. Single indicators with configurable sources: Local Limit Higher Local Limit Lower

Indicator

Higher vs Lower Pivots overlay A simple script that I made that draws lines between the high and low pivots. The color of the line define if the pivot is higher or lower than the previous pivot. The main thing to tune is the pivot look back vs look ahead, which are the same params used by the pulsewire pivot indicator. There are several other params you can tweaks to get the look you want.

Indicator

Double Zig Zag with HHLL Hello Traders, Here Double Zig Zag with HHLL script is with you. it calculates 2 Zig Zag simultaneously and draws them, and also it calculates and puts Higher High, Lower Low, Higher Low, Lower High labels. All these are done dynamically, it means last HH/HL/LL/LH can change. if price continues to go up then HL can turn to LL or if price continues to go down then LH can turn to HH. This script can be used for different purposes such trend analysis, support/resistance levels, breakouts etc. I tried to make many things optional: You can set Periods for Zig Zags as you wish You can set different colors for both Zig Zag Up/Down lines You have option to show both Zig Zag, one of them or none them You have option to show both HHLL, one of them or none them You can set Zig Zag 1 line style as Dashed or Dotted You can set Line Widths for Zig Zags Some examples: Enjoy!

Indicator

by LonesomeTheBlue

Swing Points 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.

Indicator

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