About: I developed the original as an experiment to potentially replace or augment my BB and RSI based strategies. After some back-testing I could see some really interesting results but it wasn't quite where I wanted it, so after some tweaking and further back-testing, and adding in more MA options, here we are. Mostly tested on 1h and greater time-frames using...
I wrote this up as a potential replacement for my BB based strategies, and so far it's looking pretty nice. Description / Usage: Adjust length and multiplier much the same way you would expect with Bollinger Bands. Multiplier of 1 gives you a base channel consisting of one high, and one low sourced SMA (or EMA) The outer channels are increments of the base...
Plots the previous periods High and Lows (black crosses) and forecasts the next day's High and Lows (gray crosses)
Simple script used to show the previous day/week/month high and low as an overlay on the chart
Decided to repost to get clean chart up. This gives you lines showing the current years highs and lows along with the previous years high and lows. Requested by "N"
Updated Indicator - Plots High, Low Open, Close For Weekly, Daily, 4 Hour, 2 Hour, 1 Hour Current and Previous Sessions Levels. Updated Adds 4 Hour, 2 Hour, 1 Hour levels for Forex and Intra-Day Traders.