[JL] High-Low Five Layers

I just want to setup alert easily so I made this script.

Display five layers from highest to lowest.

Default length is 120. When on hour chart it is the whole week.

For up trend, always below 40% to entry.

For dn trend, always above 60% to entry.

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.

Want to use this script on a chart?