Yet another "Low - High" indicator using the new Pine Script Arrays. The indicator uses the latests Lows and Highs to plot a trend line and reversal/slowdown. More detailed explanation inside the script. Enjoy!
Green - Up Trending Red - Down Trending White - Slow Down/Reversal might occur.
Made for educational purposes of how to use Arrays, yet can be very useful.
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 publications is governed by House rules. You can favorite it to use it on a chart.
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