OPEN-SOURCE SCRIPT
HTF H/L Channel
The indicator allows you to easily reference market structure from 2 selectable timeframes.
TF1 is the timeframe that generates the channel.
It is formed from a moving average of highs and lows over lookback periods from the TF1 timeframe.
The fushia lines are formed from recent highs and lows from TF1 over lookback periods.
The single thicker plot tracks the moving average of close from TF2 over lookback periods.
The thin white plot tracks the moving average of close from the charts timeframe over lookback periods.
Most plots are overlaid onto the main chart for reference.
An orange plot appears over/under candles to indicate rsi14 from the charts timeframe that is over/under 70/30.
Markers appear to mark channel entries and exits.
TF1 is the timeframe that generates the channel.
It is formed from a moving average of highs and lows over lookback periods from the TF1 timeframe.
The fushia lines are formed from recent highs and lows from TF1 over lookback periods.
The single thicker plot tracks the moving average of close from TF2 over lookback periods.
The thin white plot tracks the moving average of close from the charts timeframe over lookback periods.
Most plots are overlaid onto the main chart for reference.
An orange plot appears over/under candles to indicate rsi14 from the charts timeframe that is over/under 70/30.
Markers appear to mark channel entries and exits.
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.
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.
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.