SC New high/low — Indicator by Arthor

Plots a triangle above/below the candle/bar whenever the current one breaks the high or the low of the previous one.
A green triangle indicates the breakout of the previous high.
A red triangle indicates the breakout of the previous low.
Two yellow triangles (above and below the candle) indicate an Outside bar/candle.
Two blue triangles indicate an Inside bar/candle.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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