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HIGHER HIGH LOWER LOW STRATEGY

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This is my favorite for Tradingview.


Please use other indicators to find good entry and good exit. This is why this publication has so many indicators. A good indicator will find good results even on line chart. Feel free to try on "Heiken Ashi" but understand that "line" chart is much more realistic
Due to tradingview's crappy auto resize, the best way to view this script is to click on the share button and "Make it Mine".

Then you can see why my other indicators are "PRESENT"

Cheers!!!
Nota Keluaran
This strategy calculates the last high or the last low of a lookback period. If the previous high or low is breached, a signal to enter market is given. This new version adds safety check formula to try to catch potential fake-outs.

Remember that Heiken Ashi do not provide true backtest results because bars are "averaged".

However, this strategy works well with regular candles and line charts if you find the right settings and chart time frame


Enjoy

Nota Keluaran
Apologies - Changed version number from 1 to 4
Nota Keluaran
Updated to show back test on line chart on 8H BTCUSD
Unreal!!
higherhighlowerlowSupport and Resistance

Skrip sumber terbuka

Dalam semangat sebenar TradingView, penulis telah menerbitkan kod Pine ini sebagai sumber terbuka supaya pedagang dapat memahami dan mengesahkannya. Sorakan kepada penulis! Anda boleh menggunakan perpustakaan ini secara percuma, tetapi penggunaan semula kod dalam penerbitan ini adalah dikawal oleh Peraturan dalaman. Anda boleh menyukainya untuk menggunakannya pada carta.

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