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Zaktualizowano Sunit's Higher Low / Lower Low Trend Shift v6
This indicator identifies Higher Lows (HL) and Lower Lows (LL) to help traders visually read market structure and trend direction following classic Dow Theory principles.
It detects pivot lows on the chart and compares new lows to previous pivot lows:
HL (Higher Low) = structure strengthening, buyers stepping in higher
LL (Lower Low) = structure weakening, sellers pushing price lower
Based on these signals, the indicator also determines trend bias:
Uptrend when new lows form as HLs
Downtrend when new lows form as LLs
A light background color can optionally highlight the active trend direction.
🔍 What the Indicator Shows
HL markers (green) at pivot lows forming above the previous low
LL markers (red) at pivot lows forming below the previous low
Trend background shading
Green tint = Uptrend bias
Red tint = Downtrend bias
Pivot detection uses adjustable swing sensitivity for custom responsiveness
This gives a clean, real-time visual read of market structure shifts.
🎯 Why It’s Useful
HLs and LLs form the foundation of trend analysis.
They help traders:
✔ Identify trend reversals early
✔ Confirm existing trends
✔ Improve breakout timing
✔ Filter trades by trend direction
✔ Understand market structure without indicators lag
Because it reacts to price swings rather than moving averages, it’s both faster and cleaner for structure analysis.
🧠 How Traders Use It
Swing traders: confirm trend alignment
Breakout traders: enter only when HL structure supports the move
ORB / Intraday traders: avoid trading against LL sequence
Position traders: use swing lows as structure-based stops
Trend followers: stay on the right side of the market
Works well on:
Stocks
Indices
Crypto
Forex
Futures
Best timeframes: 1h, 4h, daily, but usable on any chart.
⚠️ Disclaimer
This tool highlights price structure patterns, not buy/sell signals.
Use together with confirmation tools, trend filters, and risk management.
No financial advice.
It detects pivot lows on the chart and compares new lows to previous pivot lows:
HL (Higher Low) = structure strengthening, buyers stepping in higher
LL (Lower Low) = structure weakening, sellers pushing price lower
Based on these signals, the indicator also determines trend bias:
Uptrend when new lows form as HLs
Downtrend when new lows form as LLs
A light background color can optionally highlight the active trend direction.
🔍 What the Indicator Shows
HL markers (green) at pivot lows forming above the previous low
LL markers (red) at pivot lows forming below the previous low
Trend background shading
Green tint = Uptrend bias
Red tint = Downtrend bias
Pivot detection uses adjustable swing sensitivity for custom responsiveness
This gives a clean, real-time visual read of market structure shifts.
🎯 Why It’s Useful
HLs and LLs form the foundation of trend analysis.
They help traders:
✔ Identify trend reversals early
✔ Confirm existing trends
✔ Improve breakout timing
✔ Filter trades by trend direction
✔ Understand market structure without indicators lag
Because it reacts to price swings rather than moving averages, it’s both faster and cleaner for structure analysis.
🧠 How Traders Use It
Swing traders: confirm trend alignment
Breakout traders: enter only when HL structure supports the move
ORB / Intraday traders: avoid trading against LL sequence
Position traders: use swing lows as structure-based stops
Trend followers: stay on the right side of the market
Works well on:
Stocks
Indices
Crypto
Forex
Futures
Best timeframes: 1h, 4h, daily, but usable on any chart.
⚠️ Disclaimer
This tool highlights price structure patterns, not buy/sell signals.
Use together with confirmation tools, trend filters, and risk management.
No financial advice.
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Skrypt chroniony
Ten skrypt został opublikowany jako zamknięty kod źródłowy. Można z tego korzystać swobodnie i bez żadnych ograniczeń — więcej informacji znajduje się tutaj.
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.