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High Low Strength

High Low Strength Indicator


Overview

The High Low Strength Indicator is a powerful tool designed to track and display the frequency of new daily highs and lows, also known as peaks and troughs. This indicator highlights market trends and potential reversals, making it essential for investors, day traders, and quantitative traders seeking to enhance their market analysis and trading strategies through advanced feature engineering.


Key Features

The indicator operates in two distinct methods: "Count New Daily Highs and Lows" and "Count Highs and Lows". In "Count New Daily Highs and Lows" mode, it tracks new daily highs and lows, providing insights into daily market peaks and troughs. In "Count Highs and Lows" mode, it counts highs and lows within the current period for immediate price action analysis. Each mode generates three derived indicators: Cumulative Highs, Cumulative Lows, and High Low Strength. The indicator also provides nine useful buffers for comprehensive analysis.


Inputs

Method: Select the mode of operation "Count New Daily Highs and Lows" or "Count Highs and Lows".
Main Chart: Select the primary chart to plot as "DayCount Highs" and "DayCount Lows", or "High Low Strength".

How to Use

  1. Attach the High Low Strength Indicator to your chart.
  2. Configure the desired values for Method and Main Chart.
  3. Analyze the generated buffers for detailed market insights and strategy development.
  4. Buffers include:
    • Cumulative New Daily High's (Buffer 0), Cumulative New Daily Low's (Buffer 1), and High Low Strength (Buffer 2) in "Count New Daily Highs and Lows" mode.
    • New High (Buffer 0), New Low (Buffer 1), and High Low Strength (Buffer 2) in "Count Highs and Lows" mode.

Benefits

The High Low Strength Indicator enhances market analysis by identifying market trends and reversals with precision. Its flexible configuration adapts to various trading strategies and timeframes, providing comprehensive data for in-depth quantitative analysis and feature engineering. This indicator improves decision-making by offering insights into market strength and direction, enabling strategic entry and exit points. It is developer-friendly, allowing for easy integration into trading algorithms and feature engineering workflows, making it a valuable tool for both traders and developers.

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SuperTrend Fit for low Stagnation [Expert Advisor] !!! Current price of $30 will be soon increased to $50, so if you want to get a discounted price this is your last chance !!! Look at the screenshots to see how profitable this Expert Advisor is!!! This expert advisor uses the Supertrend indicator with an powerful custom optimization metric to help you find the best systems with low stagnation and high net profit. You enter the position long when bar opens above ST indicator and reverse i
Percent Above Below Moving Average low Stagnation [MT4 MT5 Expert Advisor] !!! Current price of $30 will be soon increased to $50, so if you want to get a discounted price this is your last chance !!! Look at the screenshots to see how profitable this Expert Advisor is!!! This expert advisor enters a position when the price moves a percentage distance from a moving average with an powerful custom optimization metric to help you find the best systems with low stagnation and high net profit.
This expert trading tool utilizes two Supertrend indicator lines, one for trend (slow) and the other as entry triggers (fast), with a powerful custom optimization metric to help traders find the best systems with low stagnation and high net profit. Long Entry: Traders enter a long position when the bar opens above the ST Line Slow and the current bar opens above the ST Line Fast. Long Exit: The current bar crosses down the ST Line Fast. Short Entry: Traders enter a short position when the bar op
!!! Current price of $30 will be soon increased to $50, so if you want to get a discounted price this is your last chance !!! Look at the screenshots to see how profitable this Expert Advisor is!!! This expert advisor trades when MACD cross the signal line with a custom optimization metric so you can find the best systems with low stagnation and high net profit for any asset. In addition to the optimization metric you can select acceptance criteria as minimum number of trades and payoff of a tr
!!! Current price of $30 will be soon increased to $50, so if you want to get a discounted price this is your last chance !!! Look at the screenshots to see how profitable this Expert Advisor is!!! The Three (or Triple) Moving Average Trading system uses three moving averages, a short, a medium and long period. Trades long when the short moving average cross up the medium moving average and the medium moving average is higher than the long moving average. When the short moving average cross dow
This expert trading tool utilizes the SuperTrend indicator with a powerful custom optimization metric to help traders find the best systems with low stagnation and high net profit. Traders enter a position (long or short) when the bar opens above or below the indicator line. You can exit the position when the price "reverse" it's signal or don't exit and let it close based on risks (Take profit, stop loss) or by time exiting at the end of session. Other features include the ability to set Tak
!!! Current price of $30 will be soon increased to $50, so if you want to get a discounted price this is your last chance !!! Look at the screenshots to see how profitable this Expert Advisor is!!! This expert advisor has nine types of moving average to choose and a powerful custom optimization metric so you can find the best systems with low stagnation and high net profit for any asset. You enter the position long when bar opens above Moving Average Line and reverse it (close the buy and open
Are you looking for a powerful expert advisor that can help you find the best trading systems with low stagnation and high net profit? Look no further than this expert advisor, which enters a position when the price moves a percentage distance from a moving average. With a variety of moving averages available, including the Simple Moving Average (SMA), Exponential Moving Average (EMA), Smoothed Moving Average (SMMA), Linear Weighted Moving Average (LWMA), Linear Regression Moving Average, and Hu
This expert trading tool utilizes the MACD signal as a trigger, with an optional moving average to confirm the signal. 8 custom fitness function optimization metrics are included to help traders find the best systems with low stagnation and high net profit for any asset. In addition to the optimization metrics, traders can select acceptance criteria such as a minimum number of trades and payoff of a trading system. Expert advisor rules Long entry: MACD line crosses the Signal line upward; [optio
Introducing an expert advisor that uses two Supertrend indicator lines, ST Fast as entry trigger and ST Slow to trade in direction of the trend. This expert advisor is designed to help you find the best systems with low stagnation and high net profit, using a powerful custom optimization metric. The Supertrend indicator is a popular trend-following indicator that helps traders identify the direction of the trend and make trades accordingly. With this expert advisor, you'll be able to use the ST
Keltner Channel RSI EA
Smarterbot Software
Maximize Your Profits with the Powerful Keltner Channel RSI EA - An Expert Advisor with Custom Optimization Metrics Introducing the Keltner Channel RSI EA, an expert advisor that allows you to trade in a variety of ways using Keltner Channel and RSI signals. The Keltner Channel is a technical indicator that plots upper and lower bands around the price action, based on the volatility and average true range. The RSI is a momentum indicator that measures the strength of an asset's price action, rel
Introducing Three Moving Averages Pro, a collection of strategies involving moving averages with powerful custom optimization metrics, Three Moving Averages Pro helps you find the best trading systems with low stagnation and high net profit.  This strategy uses two entry conditions and one exit condition to execute trades with precision and accuracy. With a variety of options such as entry position at opening a bar above or below different moving averages and moving averages crossing in differe
Body Size Strength
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Body Size Strength Indicator Overview The Body Size Strength Indicator  provides a comprehensive suite of calculations that analyze daily price movements, delivering actionable insights that can significantly enhance your trading strategies. Key Features 5 Extensive Buffers : Includes BodySize, BodySizeROC, Sum_POS_BodySize, Sum_NEG_BodySize, and Diff_SUM_POS_NEG_BodySize buffers, providing a detailed and nuanced view of market dynamics. BodySize Calculation: Measures the absolute difference bet
True Range Strength
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True Range Strength Indicator with Advanced Trigger Options This indicator calculates and displays various metrics related to daily price changes: Metrics True Range (TR): The maximum of (High - Low, |High - Previous Close|, |Low - Previous Close|) TR Rate of Change (TR_ROC): Percentage change of TR relative to the daily reference price Daily Sum of Positive TR ROC: Accumulation of positive TR ROC values within a day Daily Sum of Negative TR ROC: Accumulation of negative TR ROC values within a d
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Version 240.715 2024.07.15
Indicators label renamed for easy understanding.