OPEN-SOURCE SCRIPT
Highs&Lows
Shows Higher Highs, Higher Lows, Lower Lows & Lower Highs based off of Bill Williams fractals.
I use this mainly by shorting a break of the higher lows marked in yellow.
A long signal would be a candle close above a lower high (less reliable)
Alerts can be set with the secondary indicator below the chart.
Higher Lows / Lower Highs Alerts -tradingview.com/script/Ka1yXqRj-Higher-Lows-Lower-Highs-Alerts/
I use this mainly by shorting a break of the higher lows marked in yellow.
A long signal would be a candle close above a lower high (less reliable)
Alerts can be set with the secondary indicator below the chart.
Higher Lows / Lower Highs Alerts -tradingview.com/script/Ka1yXqRj-Higher-Lows-Lower-Highs-Alerts/
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.