HighLowLines By Heylab

Available in all markets, all times.
An indicator that displays two points each of the latest high and low prices.
・Logic explanation
"High" and "Low" when the highest and lowest prices in the past bar set in the parameter "Confirmed number in the past" and the highest and lowest prices in the future bar set in "Number of confirmed future" ” is determined.
The price and the line to the current bar are displayed for two "high" points and two "low" points that are close to the present.
If you enable the parameter "judging high and low alternately", the "high" and "low" will be displayed in order, and if they are consecutive like "high" and "high", they will update to the higher one.
・Example of usage scene
When doing "buying and selling", you can think of a strategy that uses highs and lows as a guideline for loss cuts or profit taking.
You can think of an entry strategy with a limit price at a good position for risk reward by cutting high and low losses.
・概要
全ての市場、全ての時間で使用できます。
直近の高値と安値を2点ずつ表示するインジケーターです。
・ロジック説明
パラメーター「Confirmed number in the past」で設定した過去足での最高値と最安値かつ、「Number of confirmed future」で設定した未来足での最高値と最安値である場合に「高値」と「安値」と判定します。
現在に近い「高値」2点と、「安値」2点に対して、価格と現在足までの線を表示します。
パラメーター「judging high and low alternately」を有効にすると、「高値」と「安値」が順番に表示されるようになり、「高値」「高値」のように連続している場合はより高い方に更新されます。
・利用シーンの例
「売買」を行う際に、高安を損切りの目安にする、または利食いの目安にする戦略が考えられます。
高安を損切りにしてリスクリワードの良い位置に指値でのエントリー戦略などが考えらえます。
・高安を表示する本数を変更できるようにパラメーター追加
「直近高安を表示する本数」を多めに設定し(20~100)
「直近高安をチャート右端まで表示する」を「有効」
「ブレイクされた高安は無効にする」を「有効」
にする事で、直近高安のうちブレイクされた場所と、まだ有効なものを視覚的に分かりやすくする事ができるようになりました。
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Dorata directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Dorata directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.