Hi-Lo World — Indicator by WinkyTwinki

trend highs LOWS

trend highs lows

This script plots the highs/lows from multiple timeframes onto the same chart to help you spot the prevailing long-term, medium-term and short-term trends.

List of timeframes included:

Year
Month
Week
Day
4 Hour
Hour

You can select which timeframes to plot by editing the inputs on the Format Object dialog.

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.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?

study("Hi-Lo World", overlay=true)

y_color = red       // Color used to plot yearly highs/lows
m_color = purple    // Color used to plot monthly highs/lows
w_color = blue      // Color used to plot weekly highs/lows
d_color = aqua      // Color used to plot daily highs/lows
h4_color = green    // Color used to plot 4-hourly highs/lows
h_color = lime      // Color used to plot hourly highs/lows

plot_y = input(title="Year", type=bool, defval=true)        // plot yearly highs/lows
plot_m = input(title="Month", type=bool, defval=true)       // plot monthly highs/lows
plot_w = input(title="Week", type=bool, defval=true)        // plot weekly highs/lows
plot_d = input(title="Day", type=bool, defval=true)         // plot daily highs/lows
plot_h4 = input(title="4 Hour", type=bool, defval=false)    // plot 4-hourly highs/lows
plot_h = input(title="Hour", type=bool, defval=false)       // plot hourly highs/lows

// Get highs/lows
high_y = security(tickerid, "12M", high)
low_y = security(tickerid, "12M", low)
high_m = security(tickerid, "M", high)
low_m = security(tickerid, "M", low)
high_w = security(tickerid, "W", high)
low_w = security(tickerid, "W", low)
high_d = security(tickerid, "D", high)
low_d = security(tickerid, "D", low)
high_h4 = security(tickerid, "240", high)
low_h4 = security(tickerid, "240", low)
high_h = security(tickerid, "60", high)
low_h = security(tickerid, "60", low)

// Plot highs/lows
high_y_plot = plot(plot_y ? high_y : na, color=y_color, linewidth=4)
low_y_plot = plot(plot_y ? low_y : na, color=y_color, linewidth=4)
high_m_plot = plot(plot_m ? high_m : na, color=m_color, linewidth=3)
low_m_plot = plot(plot_m ? low_m : na, color=m_color, linewidth=3)
high_w_plot = plot(plot_w ? high_w : na, color=w_color, linewidth=2)
low_w_plot = plot(plot_w ? low_w : na, color=w_color, linewidth=2)
high_d_plot = plot(plot_d ? high_d : na, color=d_color)
low_d_plot = plot(plot_d ? low_d : na, color=d_color)
high_h4_plot = plot(plot_h4 ? high_h4 : na, color=h4_color)
low_h4_plot = plot(plot_h4 ? low_h4 : na, color=h4_color)
high_h_plot = plot(plot_h ? high_h : na, color=h_color)
low_h_plot = plot(plot_h ? low_h : na, color=h_color)
fill(high_y_plot, low_y_plot, color=y_color)
fill(high_m_plot, low_m_plot, color=m_color)
fill(high_w_plot, low_w_plot, color=w_color)
fill(high_d_plot, low_d_plot, color=d_color)
fill(high_h4_plot, low_h4_plot, color=h4_color)
fill(high_h_plot, low_h_plot, color=h_color)