HG Scalpius - Previous Bar Highlight — Indicator by Autarch_Capital

candlestick hg scalpius highlight previous bar

HG Scalpius - Previous Bar Highlight

This indicator highlights the 20th bar from the current bar and has the below applications for trading the HG Scalpius system:
- Determining if trend mode off switch is triggered, failing to set a new higher (lower) close in the trend with 20 bars
- Determining the highest (lowest) bar in the previous range to decide if a trade is high & tight

bars_back = input(defval=20, minval=0, title="Bars Back")

bgcolor(#9C27B0, offset=-bars_back, show_last=1)

If you come across or think of any other useful scripts for the HG Scalpius system please comment below!

Happy trading!

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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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