This script is intended do display High and Low values, alongside Highest and Lowest of an adjustable period
CMYK color theme applied.
Price color changes if EMA >< EMA
For those who use Line, Break, or Area Type Charts.
Usefull to quickly display proper levels for buying selling on minute-term trading
Basic high and low channels, allows for two high and two low channels of specified lengths.
Use for channel breakout trades, basic idea is to go long when the longer high channel is broken and close when shorter low channel is broken, vice versa for shorts
Feel free to leave me a tip if you like this script: 1MprT7YEEWaM6bUcpD7eeHM3Ht8n3R5jP1
Confirmed highs when 1. it's higher than the 4 prior (lower) highs AND 2. higher than the 2 following (lower) highs.
Confirmed lows when 1. it's lower than the 4 prior (higher) lows AND 2. lower than the 2 following (higher) lows.
This indicator plots the difference between the High (of the previous period)
and an exponential moving average (13 period) of the Close (of the previous period).
You can use in the xPrice any series: Open, High, Low, Close, HL2, HLC3, OHLC4 and ect...
It buy if indicator above 0 and sell if below.