OPEN-SOURCE SCRIPT
Cumulative Pivot HighLow
This indicator counts number of higher highs/lows and number of lower highs/lows and calculates trend based on that.
Indicator line shows (sum of higher highs/lows - sum of lower highs/lows) derived from last loopback periods. Indicator is green if last two consecutive highs/lows formed are on higher side. Red if on lower side. (Consecutive numbers can be controlled by parameter direction_threshold)
combineHighsAndLows if unselected shows not cumulative version but last consecutive highs and lows marked in red or green according to the trend.
Indicator line shows (sum of higher highs/lows - sum of lower highs/lows) derived from last loopback periods. Indicator is green if last two consecutive highs/lows formed are on higher side. Red if on lower side. (Consecutive numbers can be controlled by parameter direction_threshold)
combineHighsAndLows if unselected shows not cumulative version but last consecutive highs and lows marked in red or green according to the trend.
Script de código aberto
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.
Trial - trendoscope.io/trial
Subscribe - trendoscope.io/pricing
Telegram: p.trendoscope.io/telegram
Rate us : trustpilot.com/review/trendoscope.io
Subscribe - trendoscope.io/pricing
Telegram: p.trendoscope.io/telegram
Rate us : trustpilot.com/review/trendoscope.io
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
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.
Trial - trendoscope.io/trial
Subscribe - trendoscope.io/pricing
Telegram: p.trendoscope.io/telegram
Rate us : trustpilot.com/review/trendoscope.io
Subscribe - trendoscope.io/pricing
Telegram: p.trendoscope.io/telegram
Rate us : trustpilot.com/review/trendoscope.io
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.