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Local Limit Upper

4 460
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.

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