OPEN-SOURCE SCRIPT

Higher High and Lower Low Bar Count

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The importance of counting HH&LL is to find the possible extreme of the current leg and the potential reversal.

This script helps you count the number of bars which are constantly higher or lower than the previous ones.
I set the script to count from the first one, but only display the number from the third, in order to eliminate too much noise.

Note: I have loosened the criteria of HH and LL.
Let's take "higher high" as an example, I will count the number If the current bar's low is higher than the previous one's and its high is higher or equal to the previous one's , and vice versa.

If you prefer the strict definition of HH or LL, you can modify the code as you wish.
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counthigherhighlowerlowTrend Analysis

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

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