OPEN-SOURCE SCRIPT
Atualizado

Local Limit Lower

3 640
Displays recent higher and lower lows.

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 support levels.
  • Makes current trends more visible.
  • Excellent as a trailing stop algorithm.


Can be used with its sibling: Local Limit Upper
Notas de Lançamento
Reuse code from Local Limits.
Margin is now implemented properly.
Notas de Lançamento
Eliminated buggy bar sensitivity option as the indicator works as intended without it.
Notas de Lançamento
Code cleanup. Removed unused parameter.
Notas de Lançamento
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.
Notas de Lançamento
Updated username/copyright.

Aviso legal

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