Timeframes: It takes the user-defined high and low timeframes.
Lower Lows (LL) and Lower Highs (LH) Pattern (15 minutes): Calculates the lowest and highest prices in the high timeframe and identifies a pattern.
Order Block (OB) Identification: Defines the order block in the low timeframe.
Valid Order Block (Cross from opposite side): Determines if an order block is valid.
Entry Condition: Determines entry conditions, such as the formation of a specific pattern and the presence of a valid order block.
Plots: Adds shapes and lines to the chart, such as entry points and high/low prices.
This code is used to create technical analysis strategies in Pine Script. It generates buy/sell signals based on user-defined conditions and adds indicators to the chart accordingly.
Lower Lows (LL) and Lower Highs (LH) Pattern (15 minutes): Calculates the lowest and highest prices in the high timeframe and identifies a pattern.
Order Block (OB) Identification: Defines the order block in the low timeframe.
Valid Order Block (Cross from opposite side): Determines if an order block is valid.
Entry Condition: Determines entry conditions, such as the formation of a specific pattern and the presence of a valid order block.
Plots: Adds shapes and lines to the chart, such as entry points and high/low prices.
This code is used to create technical analysis strategies in Pine Script. It generates buy/sell signals based on user-defined conditions and adds indicators to the chart accordingly.