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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
9160
Aravind Kolanupaka 2020.05.09 21:02 
 

Good

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Blahtech Supply Demand
Blahtech Limited
4.58 (36)
Was: $299  Now: $149   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
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Aravind Kolanupaka
9160
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.