OPEN-SOURCE SCRIPT
Updated Previous High/Low MTF
Indicator to plot higher time frame previous candle highs and lows.
One of the key factor in understanding the trend is to look at higher time-frames chart.
Parameters are explained below:
One of the key factor in understanding the trend is to look at higher time-frames chart.
Parameters are explained below:
- resolution : Chose resolution of higher timeframe. If set to same as symbol, it will consider next parameter HTFMultiplier for calculation of higher timeframe
- HTFMultiplier : Multiply symbol timeframe to by HTFMultiplier to derive higher time-frame
- Offset: Number of higher timeframe candles before to be plotted. 1 means - it will show highs/lows of previous higher timeframe candle.
Release Notes
Also adding few options to explain how lookahead, gaps and offset on security function affect output. Default settings are set to show the optimal non repaint version.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Trial - trendoscope.io/trial
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Trial - trendoscope.io/trial
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io
Subscribe - trendoscope.io/pricing
Blog - docs.trendoscope.io
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.