OPEN-SOURCE SCRIPT
HHHC LLLC
Based on JasonGraystone price action tips
This script will identify candles that close with a "Higher High and Higher Close" and "Lower Low Lower Close" than previous candle, making super easy to identify price action momentum.
I added to this fantastic price action concept a simple filter to follow the trend, by default it compares price to a 50 SMA. If above the SMA it shows only up signals, if below it shows only down signals.
SMA can be changed to any lenght and if you want to get all the HHHC / LLLC just set the SMA to 1
//Thinking I may add some alert capability in the future just to practice a little more using Pine Editor but it is useful as it is.
This script will identify candles that close with a "Higher High and Higher Close" and "Lower Low Lower Close" than previous candle, making super easy to identify price action momentum.
I added to this fantastic price action concept a simple filter to follow the trend, by default it compares price to a 50 SMA. If above the SMA it shows only up signals, if below it shows only down signals.
SMA can be changed to any lenght and if you want to get all the HHHC / LLLC just set the SMA to 1
//Thinking I may add some alert capability in the future just to practice a little more using Pine Editor but it is useful as it is.
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
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