Consecutive Unswept Lower Highs/ Higher Lows Counter

9. März 2023

Counts consecutive Lower Highs and Higher Lows; number resets to zero when previous pivot high or low gets swept

-To help give an idea of when a retracement / run-on-stops may be overdue. i.e. the higher the counter number grows, the longer we've gone without a proper retracement.

//inputs//
~pivot lookback/lookforward: increase this for more significant pivot highs and lows.
~number of pivot high 'counter' labels (pairs) to show in history.
~formatting options.

9. März 2023

Versionshinweise

-update to start the counter at 1 instead of 0

9. März 2023

Versionshinweise

-added optional 'spikey' filter for Pivot highs/lows (default off): Use to filter out smooth/unimpressive pivot high&lows. Higher number = more spiky / less rounded pivot highs & lows only

10. März 2023

Versionshinweise

-Update showcase chart; change default settings: 'Spikiness' filter default ON.

10. März 2023

Versionshinweise

-Added Alert conditions: alerts to be manually set by user (via the 3 dots on indicator status line)

15. März 2023

Versionshinweise

-Use ATR multiples for label offset vertical spacing; works on low $ unit price crypto assets now

18. März 2023

Versionshinweise

Added realtime sweep labels: choose consecutive pivot high and/or low threshold; label prints as bar is painting, when the pivot is swept (e.g. 5th consecutive higher low pivot low is swept => label print)

20. März 2023

Versionshinweise

-Added successive sweep labels: each sweep of a prior successively Lower High or Higher Low gets a label. e.g if it sweeps the last in a sequence of LHs, prints 'ʌ'; if it then sweeps the second last of the LHs, prints double 'ʌ', etc, etc...

20. März 2023

Versionshinweise

-updated display chart. Ignore March 18th 2023 update, that's been superseded with the above update.

21. März 2023

Versionshinweise

-allow independent toggle on/off of number labels and sweep labels; cleaned up code

10. Apr. 2023

Versionshinweise

-added extra 'fixed' alert conditions, to allow default message to automatically print the number of consecutive LHs or HLs pivots reached

17. Apr. 2023

Versionshinweise

-added condition to alert on realtime bar. Default is toggled OFF, which means alerts come in one bar later, but it avoids repainting issues.
-added simple alerts for 'pivot high confirmed' or 'pivot low confirmed'; irrespective of consecutive number, these will alert on any pivot high or low being confirmed.