OPEN-SOURCE SCRIPT
已更新

Local Limit Lower

Displays recent higher and lower lows.

In it's simplicity is a lot more powerful than might appear at first glance.
  • Does not rely on volatility calculation.
  • Can be linked together to create an objective view of recent support levels.
  • Makes current trends more visible.
  • Excellent as a trailing stop algorithm.


Can be used with its sibling: Local Limit Upper
版本注释
Reuse code from Local Limits.
Margin is now implemented properly.
版本注释
Eliminated buggy bar sensitivity option as the indicator works as intended without it.
版本注释
Code cleanup. Removed unused parameter.
版本注释
Added trend change values for more reliable alerts.

ALERTING:
Simply select the "Change" value and alert on "Greater Than" or "Less Than" zero depending on which direction you want to detect.
版本注释
Updated username/copyright.

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