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How it works: LBR_IntraHLChannel: The LBR_IntraHLChannel is a simple indicator that plots the highest day high and lowest day low channel for some number of trialing days, on an intra-day chart. It also works on Daily Charts. You need to make sure you have enough days of data loaded for the input length you select when using intra day charts. Can be used with any bar interval charts. When used with weekly or monthly charts the highest high and lowest low are based on bars not days. Inputs: HighLowLen(5) - Number of days to look back for the highest high and lowest low. Entry / Plot Descriptions: Plot1 - Highest High for some number of days back Plot2 - Lowest Low for some number of days back Suggested Modifications: You may want to Investigate the keywords that make this indicator possible for intra-day charts: CloseD, OpenD, HighD, LowD, etc. About the Author/Submitter: Linda Bradford-Raschke - http://www.lbrgroup.com Code:
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| However we try to maintain hiqhest possible level of service - most formulas, oscillators, indicators and systems are submitted by anonymous users. Therefore S4T™ does not take any responsibility for it's quality. If you use any of this information, use it at your own risk. You are responsible for your own trading decisions. Be sure to verify that any information you see on these pages is correct, and is applicable to your particular trade. In no case will S4T™ be responsible for your trading gains or losses. |
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