Recent High/Low Dots by Alejandro P

Simple indicator that plots a dot in the chart when a candle breaks the high of the past X candles.

This is useful to easily visualize when the market is coming out of a range and making fresh highs or lows relative to the past X candles.

It can be used in trend following systems as an additional filter for validation.

Open-source Skript

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.

Möchten Sie dieses Skript auf einem Chart verwenden?