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Higher Low and Lower High Breakout Dashboard

5
WARNING: due to the calculations used by this indicator, it may take time to load and running it may slow down the user's terminal


Description & Summary

Dashboard to detect Higher-Low/Lower-High breakouts and Triangle Patterns on 28 currency pairs and up to 8 timeframes at once.

Numbers on the left are the normalized values of distance between price and last Lower-High and Higher-Low if one has formed (displays "--" if none). Text will turn Red upon a Higher-Low Breakout and Green upon a Lower-High Breakout if the breakout distance is greater than that timeframe's Signal_Var extern variable.

The middle columns display each timeframe and symbol's "Triangle Score" - a score of 2 means a triangle pattern has formed (see screenshots for more details).

The right columns display if the price is above or below an EMA of configurable time period (extern variable EMA_Period).


Configurable Parameters

  • X_Signal_Var: the minimum distance price has to go above a recent Lower-High or below a Higher-Low to display a red or green signal on X timeframe.
  • Show_M5/M15/M30/H1/H4/D1/W1/MN1: Show columns for the selected timeframe.
  • EMA_Period: Set the period of the EMA for the columns on the right.
  • The indicator colors are the colors of the labels and columns.
  • Safe_Mode: Run the indicator in "safe mode", avoiding symbols and timeframes that might be missing data.
Comentarios 1
Aravind Kolanupaka
9040
Aravind Kolanupaka 2020.05.09 21:02 
 

Good

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ECM Elite Channel is a volatility-based indicator, developed with a specific time algorithm, which consists of finding possible corrections in the market. This indicator shows two outer lines, an inner line (retracement line) and an arrow sign, where the channel theory is to help identify overbought and oversold conditions in the market. The market price will generally fall between the boundaries of the channel. If prices touch or move outside the channel, it's a trading opportunity. The
The Circle Intelligent Trend Indicator is a cutting-edge tool designed for MetaTrader 4 users who demand accuracy and efficiency. This indicator brings the seamless TradingView experience directly to MT4, eliminating the need for templates and simplifying your trading setup. Its standout feature is the highly accurate Circle buy and sell signals, which are optimized for multi-timeframe analysis, allowing traders to make informed decisions with confidence. Whether you’re scalping, day trading
Indicador AI: El Futuro del Trading Inteligente a tu Alcance Bienvenido a una nueva era del trading. El Indicador AI es el compañero perfecto para traders de todos los niveles, diseñado para ayudarte a tomar decisiones basadas en datos fiables y análisis avanzados. Aprovechando el poder de la inteligencia artificial, esta herramienta destaca por su capacidad de adaptarse a cualquier mercado y marco temporal, proporcionando señales de trading claras y precisas. ¿Qué es la Inteligencia Artificial
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Aravind Kolanupaka
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Aravind Kolanupaka 2020.05.09 21:02 
 

Good

Respuesta al comentario
Versión 1.3 2017.10.12
- Added separate external variables for D1, W1 and MN timeframes so they can be toggled individually
- Removed excess code to improve performance. The product used to take two attempts to start successfully sometimes - this bug has been fixed now. Enjoy!
Versión 1.2 2017.09.13
- Removed old expiry date.
Versión 1.1 2017.09.11
-Show_EMAs extern bool added to toggle EMA columns on/off. Setting Show_EMAs to false may improve product performance and speed.