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
Draws points (lines) to high low and close. In some trading situations, this method is more convenient than candles or bars.
Рисует точки(линии) по high low и close. В некоторых ситуациях торговли такой способ бывает удобней, чем свечи или бары. На вкус и цвет все фломастеры разные =)
// The script is useful to inspect probability:
// If previous day closed at lowest price for several days
// how often next day would be red bar
// As one can see gray lines indicate bars with lowest close. If next bar is green, increment diff_hi, overwise increment diff_lo
// Probability is counted as diff_lo / (diff_hi+diff_lo)
// One can copy script and...
Sorry for the mess above. Not sure how to remove it. It was not what I was looking to post. I added the the clean chart below.
This was requested by "N". It displays the current yearly highs and lows along with the previous years highs and lows. Just a nice way to see the support resistance in all time frames.
Updated Version with request for NDBMFB for swingHL, when "H" or "L" text appears it refers to the previous fractal in the series, as pinescript doesnt support dynamic offsetting, added a few more goodies :p