LonesomeTheBlue

Higher High Lower Low Strategy

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.


free to use but the code is hidden and not free of charge, if you want the code please send me message.


comments are welcome.

If you find my works useful, please consider a donation
BTC: 19qDW9AShZhBZsGuXcgRzam5Fbpc3EU8EV
ETH: 0x39c8552371b9b7f4e324197af460ba8bc8e18ef9
Release Notes: A few corrections in the code.
Release Notes: Added Alert (when there is bar color change) - by request
Release Notes: .
Remove from Favorite Scripts Add to Favorite Scripts
If you find my works useful, please consider a donation
BTC: 19qDW9AShZhBZsGuXcgRzam5Fbpc3EU8EV
ETH: 0x39c8552371b9b7f4e324197af460ba8bc8e18ef9

Earn $30
https://www.tradingview.com/gopro/?share_your_love=LonesomeTheBlue

Comments

Can you share me the source code? my email id is felixntny@gmail.com
+7 Reply
@felixntny, source code:
+21 Reply
siddmuk2005 LonesomeTheBlue
@LonesomeTheBlue, means you are original author
Reply
Hello. I found some bugs on the code?
The chart is making a higher high but the indicator still mark it as Lower high
imgur.c om/5uN2z2C
+3 Reply
BillionaireLau BillionaireLau
This is by plugging today (1 April 2020) 1 min chart HSI data
Reply
LonesomeTheBlue BillionaireLau
@BillionaireLau, no it's correct. after LL it needs to get higher price than last LH to make HH. but it coulnd'nt, so it's LH.
Reply
Highly recommend anyone to use this. I have been using this for months. It is wonderful. Thanks mate.
+1 Reply
TalalShak Joy_Bangla
@Joy_Bangla, How do you use it ?
+1 Reply
Joy_Bangla TalalShak
@TalalShak, Let's say you add it on a chart 1day timeframe. You get the HH and HL on a rough estimate. You can draw the lines Then you see the last HL and HH or maybe the last to last HH and last to last HL. You can use that as your invalidation point.
Reply
Hello LonesomeTheblue,

i really do like to trade with your setup
two questions :
why is there printed two time HL but the 2e HL is obviously lower than the previous one ?


and what are the meanings of the small dot on the resistance/support ?
thanks
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out