OPEN-SOURCE SCRIPT
LH → Close Above Alert
Detects swing highs using ta.pivothigh().
Compares the last two swing highs → if the newest one is lower than the previous one → we store it as a Lower High.
Then, if a candle closes above that stored Lower High, it triggers the alert.
Resets the level after alert to avoid duplicates.
Compares the last two swing highs → if the newest one is lower than the previous one → we store it as a Lower High.
Then, if a candle closes above that stored Lower High, it triggers the alert.
Resets the level after alert to avoid duplicates.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.