OPEN-SOURCE SCRIPT

High/Low meter

By dman103
Using the new 'pinescript' array support to build an High/Low tunnel meter.

Using the Array to save only X HIGHEST HIGHS and Y LOWEST LOWS.
By the X and Y i build a tunnel - X is the top line (highs) and Y bottom line (lows)

Green - Up Trending
Red - Down Trending
Yellow - Reversal / drawback might occur.
arrayHigh-Low IndexTrend Analysistunnel
dman103
Appreciation of my work: paypal.me/dman103
Premium Pivot Points Algo Indicator: tradingview.com/script/LFBaHNuA-Pivot-Points-Algo/
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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