Local Limit Upper

Displays recent higher and lower highs.

In it's simplicity is a lot more powerful than might appear at first glance.

Does not rely on volatility calculation.
Can be linked together to create an objective view of recent resistance levels.
Makes current trends more visible.
Excellent as a trailing stop (short) algorithm.

Can be used with its sibling: Local Limit Lower

Phát hành các Ghi chú

Release Notes: Reuse code from Local Limits.
Margin is now implemented properly.

Phát hành các Ghi chú

Eliminated buggy bar sensitivity option as the indicator works as intended without it.

Phát hành các Ghi chú

Added trend change values for more reliable alerts.

ALERTING:
Simply select the "Change" value and alert on "Greater Than" or "Less Than" zero depending on which direction you want to detect.

Mã nguồn mở

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.

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Mã nguồn mở

For quick access on a chart, add this script to your favorites — learn more here.

Electrified