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Quants HL Break

5

Advanced calculation made by pure price action to find LH and HL breakouts.
It will give you a great reversal points in the market. LH and HL signals can used for the traingle breakouts as well.

Once breakout happens its indicate strong reversal. Nice filter for Moving Averages. I highly suggest to use that with trend indicators.

Can be used as an extra confirmation for support and resistance , supply demand indicators.


The indicator is not repainting.


Buffers :

    SetIndexBuffer(0,UpBar);
    SetIndexBuffer(1,UpBar2);
    
    SetIndexBuffer(2,DnBar);
    SetIndexBuffer(3,DnBar2);
    
    SetIndexBuffer(4,UpBarTop);
    SetIndexBuffer(5,UpBarLow);
    
        
    SetIndexBuffer(6,DnBarTop);
    SetIndexBuffer(7,DnBarLow);
    
    SetIndexBuffer(8,NBar);
    SetIndexBuffer(9,NBar2);
    
        
    SetIndexBuffer(10,NBarTop);
    SetIndexBuffer(11,NBarLow);

Sincerely,

Quants


Reviews 1
Wan Suryolaksono
1620
Wan Suryolaksono 2022.02.01 14:11 
 

Leading indicator, but need some confirmation with other type especially volume indicator

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Filter:
Wan Suryolaksono
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Wan Suryolaksono 2022.02.01 14:11 
 

Leading indicator, but need some confirmation with other type especially volume indicator

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Version 12.0 2023.04.04
Performance fixes
Version 11.0 2023.01.24
Fixed trendlines
Version 7.0 2023.01.16
Fix current.
Version 6.0 2020.12.04
- Added New Ma Filter with Settings
Version 5.0 2020.12.02
- Option added to disable gray color candles
Version 4.0 2020.11.29
- Removed MTF approach due to its complexity.
Version 3.0 2020.11.28
A simple fix
Version 2.0 2020.11.28
- Added Alerts
- Multi TimeFrame Breakout