Highs & Lows
//siretate 8/2/2018
//use as a price structure studying tool
//defaults set for the 1 hour chart... inner cloud represents 24 hours in 1 day, outer cloud represents 5 days in 1 week (forex). Change per desired resolution and market session length.
//use as a price structure studying tool
//defaults set for the 1 hour chart... inner cloud represents 24 hours in 1 day, outer cloud represents 5 days in 1 week (forex). Change per desired resolution and market session length.
Notas de prensa:
Updated color scheme...
Yellow - new high made
Dark red - new high made, then closed down (rejection)
Blue - new low made
Dark green - new low made, then closed up (rejection)
Added "alternate color scheme" option for coloring bars on new highs/lows only, to focus on non-ranging movement.
Mid-line is now SMA(20) for mean reversion purposes.
Yellow - new high made
Dark red - new high made, then closed down (rejection)
Blue - new low made
Dark green - new low made, then closed up (rejection)
Added "alternate color scheme" option for coloring bars on new highs/lows only, to focus on non-ranging movement.
Mid-line is now SMA(20) for mean reversion purposes.