Trend Change

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  • #97973

    What is the easiest way to code the attached at the point when LH and LL change over to become HH and HL … marked by the tip of the red arrow?

    Is it possible to achieve above without restrictions on a fixed number of bars lookback?

    Thank You

    #97998

    Not sure that I fully understand what it is that you are asking for though!

    1 user thanked author for this post.
    #98028

    Thank you Vonasi.

    Attached is the price action I was describing  …  classic short term change of trend pattern, repeats over and over (as you know). Better confirmation with a rounded bottom or a double bottom etc, but not essential.

    2nd image is what happened after the entry point.

    #98038

    @Grahal

    What is the signification of the abreviation LL / HH / HL / LH ?

    is it LowLow / High High… ?

    What is the difference for example between HL end LH ?

     

     

    #98048

    What is the difference for example between HL end LH ?

    Higher Low and Lower High

    An uptrend, which is a series of higher swing highs and higher lows, reverses into a downtrend by changing to a series of lower highs and lower lows. A downtrend, which is a series of lower highs and lower lows, reverses into an uptrend by changing to a series of higher highs and higher lows.

    https://www.investopedia.com/terms/r/reversal.asp

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