Higher High and Lower Low tracking

lazybaby · 2021-05-25T19:53:24+00:00

Hello, I am new to Pro Real Time but it looks really good so far. Does anyone know how to code an indicator that would track the last 4 Higher High, Lower Low values on a chart please based on the close price? I have an attached image HHLL.jpg to show what I mean. Thanks in advance

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Author

Posts

06/16/2021 at 2:06 PM #171862 quote

Zigo

Participant

Master

@RobertoGozzi

I already understood the indicator, but I wonder only about the next plot after LH1 and HL1 and I find out on the next pictures. The lower highs, comes together as well as the Higher Lows do.

HHLL-11.png

HHLL-12.png

06/16/2021 at 2:28 PM #171868 quote

robertogozzi

Moderator

Legend

As I said I don’t know why that happens. I think it’s due to ProBuilder refreshing multiple times.
I even asked to detect any Higher or Lower High if there’s been a Higher or Lower Low in between, but it seems not to work (and the other way round, as well).

lazybaby thanked this post

06/16/2021 at 2:47 PM #171875 quote

Zigo

Participant

Master

Thanks for programming so well Roberto.

robertogozzi thanked this post

06/17/2021 at 8:47 PM #171965 quote

lazybaby

Participant

New

Thanks Roberto, really appreciate your work on this, I still have a strange drawing pattern on my screen where all the HH LL etc. are stuck to the right of my screen but not a problem I can try and use the variable values.

12/17/2024 at 9:55 PM #241526 quote

Henchey

Participant

Junior

Hi Roberto

Thanks for creating and sharing this code. Would you be able to advise if it’s possible to develop a screener using this code, to scan for three consecutive lower lows before a higher low?

Many thanks

Pete

12/29/2024 at 5:23 PM #241898 quote

robertogozzi

Moderator

Legend

I have tried this one, but I can’t get any result:

ONCE N      = 4                  //4  number of tags (for each side)
ONCE Offset = 1                  //0, 1, etc...  ID of the bar uset to check prices
ONCE LO     = 0
ONCE HI     = 0
myHL        = 0
N           = max(4,N)
// initialize arrays
IF BarIndex = 0 THEN
FOR i = 1 TO N
$hh[i]    = 0              //Higher High
$hhBar[i] = 0
$lh[i]    = 0              //Lower  High
$lhBar[i] = 0
$ll[i]    = 9999999        //Lower  Low
$llBar[i] = 0
$hl[i]    = 9999999        //Higher Low
$hlBar[i] = 0
$myLL[i]  = 0
NEXT
ENDIF
//-------------------------------------------------------------------------------
// check higher highs
IF (close[Offset] > close[Offset+1]) AND (close[Offset] > $hh[1]) AND HI = 0 AND BarIndex <> $hhBar[1] THEN
FOR i = N DOWNTO 2
$hh[i]    = $hh[i - 1]
$hhBar[i] = $hhBar[i - 1]
$myLL[i]  = $myLL[i - 1]
NEXT
$hh[1]    = close[Offset]
$hhBar[1] = BarIndex[Offset]
$myLL[1]  = 0
HI = 1
LO = 0
//-------------------------------------------------------------------------------
// check lower lows
ELSIF (close[Offset] < close[Offset+1]) AND (close[Offset] < $ll[1]) AND LO = 0 AND BarIndex <> $llBar[1] THEN
FOR i = N DOWNTO 2
$ll[i]    = $ll[i - 1]
$llBar[i] = $llBar[i - 1]
$myLL[i]  = $myLL[i - 1]
NEXT
$ll[1]    = close[Offset]
$llBar[1] = BarIndex[Offset]
$myLL[1]  = $ll[1]
HI = 0
LO = 1
//-------------------------------------------------------------------------------
// check lower highs
ELSIF (close[Offset] > close[Offset+1]) AND (close[Offset] < $hh[1]) AND HI = 0 AND BarIndex <> $lhBar[1] THEN
FOR i = N DOWNTO 2
$lh[i]    = $lh[i - 1]
$lhBar[i] = $lhBar[i - 1]
$myLL[i]  = $myLL[i - 1]
NEXT
$lh[1]    = close[Offset]
$lhBar[1] = BarIndex[Offset]
$myLL[1]  = 0
HI = 1
LO = 0
//-------------------------------------------------------------------------------
// check higher lows
ELSIF (close[Offset] < close[Offset+1]) AND (close[Offset] >= $ll[1]) AND LO = 0 AND BarIndex <> $hlBar[1] THEN
myHL = 1
FOR i = N DOWNTO 2
$hl[i]    = $hl[i - 1]
$hlBar[i] = $hlBar[i - 1]
$myLL[i]  = $myLL[i - 1]
NEXT
$hl[1]    = close[Offset]
$hlBar[1] = BarIndex[Offset]
$myLL[1]  = 0
HI = 0
LO = 1
ENDIF
//-------------------------------------------------------------------------------
// scan 3 previous Lower Lows before the current Hiogher Low
Cond = 0
IF myHL THEN
FOR i = 2 TO N
IF (i > 4) THEN
break
ENDIF
IF ($myLL[i] > 0) THEN
Cond = Cond + 1
ENDIF
NEXT
ENDIF
IF Cond <> 3 THEN
Cond = 0
ENDIF
SCREENER[Cond]