Advanced calculation made by pure price action to find LH and HL breakouts.
It will give you a great reversal points in the market. LH and HL signals can used for the traingle breakouts as well.
Once breakout happens its indicate strong reversal. Nice filter for Moving Averages. I highly suggest to use that with trend indicators.
Can be used as an extra confirmation for support and resistance , supply demand indicators.
The indicator is not repainting.
Buffers :
SetIndexBuffer(0,UpBar); SetIndexBuffer(1,UpBar2); SetIndexBuffer(2,DnBar); SetIndexBuffer(3,DnBar2); SetIndexBuffer(4,UpBarTop); SetIndexBuffer(5,UpBarLow); SetIndexBuffer(6,DnBarTop); SetIndexBuffer(7,DnBarLow); SetIndexBuffer(8,NBar); SetIndexBuffer(9,NBar2); SetIndexBuffer(10,NBarTop); SetIndexBuffer(11,NBarLow);
Sincerely,
Quants
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