Description ⋅ Feb 14, 2021 7:47 PM Displays recent higher highs, lower highs, lower lows, and higher lows as a collection of local limit indicators.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. Local Limit Higher Local Limit Lower
Release Notes ⋅ Feb 14, 2021 8:39 PM Eliminated buggy bar sensitivity option as the indicators work as intended without it.
Release Notes ⋅ Feb 17, 2021 6:06 PM Added trend change values for more reliable alerts.
Release Notes ⋅ Feb 17, 2021 7:05 PM Eliminated bar_index to avoid repainting.
Release Notes ⋅ Feb 20, 2021 5:11 PM Allow for % margin values.
Release Notes ⋅ Feb 21, 2021 7:03 AM Allow for specifying a fixed time-frame.