ceyhun

Highest High and Lowest Low Channel Strategy

Highest / Highest High Highest (Data) - HHV (Data, Period)
Lowest / Lowest Low Lowest (Data) LLV (Data, Period)

These functions calculate the highest / lowest value of a selected data.
Highest High and Lowest Low options are mostly used.
The Highest function calculates the highest value of the selected data in the past.
The Lowest function calculates the lowest value of the selected data in the past.

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Comments

Can this stratergy used for Intraday trading?
+2 Reply
ceyhun Selvanagarajan
@Selvanagarajan, of course length 5-10-20 ....
Reply
Turtles strategy in the work )
Reply
did this strategy work for any of you? the price seems to be moved far away from the Heikin Ashi price. This strategy made me take a big hit last week.

If anyone overcome on this issue, please let me know what's the work around.
Reply
Hi Ceyhun
When you say great for intraday trading and you say setting 5-10-20, there's now were t change in the setting,sorry fairly new to TV, old MT4 guy.
Reply
So simple and effective! A take profit option would make this a killer automated strategy.
Reply
ceyhun stluvin
@stluvin, Yes , it is the simplest and most important form of trading.
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