When they are all bright green or bright red, that's strong momentum. · From the drop-down menu, select “Chart Settings. You can adjust these features to your liking after adding the indicator. The Weis Wave Volume & Ord-Volume indicator combines features similar to L. the rsi is considered overbought when it’s above 70 and oversold when it’s below 30. Jun 7, 2022 · Automatically Labelling Afterhours/Overnight Market Highs & Lows For ThinkOrSwim. A. It is no different then if you have a support and resistance line on your chart in which price moves above or below Jan 7, 2019 · Jan 7, 2019. #Breakout/Breakdown based upon input of BigBarsize (Current bar's range is at least input of bigbarsize multiple of the highest range of the input of number of priorbars) #Three Oct 29, 2021 · 4 Candle Swing Retracement Watchlist Column For ThinkOrSwim. It is easy to understand and apply. # 12. Close crosses below the swing low. This is where you can share ThinkorSwim indicators with the community. Code: #Plot opening range high / low. ) plots the extreme swing highs and lows on the daily chart. Negative values signify a forward displacement. Using the most common technical indicators such as SMA and EMA, the Swing Three strategy is best used for high volume stocks and ETFs that show smooth regular swing and trend moves. Little’s work on objective trend identification and pivot breakout evaluation using volume, with the work of David Weis and the Weis Wave concept, plus the ideas of Timothy Ord and his Ord-Volume indicator, as well as other traders/authors such as May 11, 2019 · New member. The Momentum study measures the velocity of price changes over a fixed time period. It consists of two stochastic lines, the calculation of which is inspired by StochasticFull and Williams%R. Oct 25, 2022 · I looked around for a script with all the things and didn't see one, so I made one. This plots High 1, High 2, High 3, High 4, etc. If Strength set to 5, it means the swing high must be greater than the highs. Jan 16, 2019 · New member. default is 7 input length = 7; can choose to ignore the last bar when looking for pivots input ignore_last_bar = yes; can choose to show dots on peaks valleys input show_dots_on_peaks_valleys = yes; can pick how Jul 11, 2019 · That's what the index "-1" means. of at least 5 bars to its left side and at least 5 bars to its right side. input startTimeOne = 930; input endTimeOne = 949; input startTimeTwo = 1000; input endTimeTwo = 1019; input startTimeThree = 1030; input endTimeThree = 1049; Rules of this forum. ZigZagHighLow plot identifies and connects swing points if the difference between their prices exceeds a certain calculated value. Up to you to select the right timeframe to help your trading style. You can see it in the image posted below. SetDefaultColor(Color. It works on any time frame (Tick, Minutes, Daily, Weekly, Monthly) and all markets (Stocks, Futures, Forex, Options, ETF, etc. Both the above need to be viewable on say the 1,5,15 etc mins chart. If any of the candles after the initial signal closed above the purple line then the reversal play is no longer playable The Swing Three strategy is a basic momentum/breakout trading system developed by Donald Pendergast. The ZigZagSign study filters out minor market moves, showing the price action in generalized form. Is it possible to somehow program an alert code to send me a sound / phone notification anytime ES, NQ, CL or GC hit the aforementioned pivots so I can quickly check my phone/pc if I want to take the Jan 17, 2019 · This indicator look for potential reversal after a stock just hit high of the day. #Hight, Low, Close. Code: #Swing_HL_Pivots_Stats. 3. The number of bars with specified aggregation period used to calculate the highest High and lowest Low prices. They help identify potential supply & demand zones. 68, that number that is being reported is the difference of those 2 numbers. To add other stats, you just need to modify the stats code in the script I provided above. Signals are generated by looking for divergences and breakdowns. 1. A swing high (SH) forms when the high reached on a security is higher than price action around it. You can also use the high and low of the previous day, yearly, etc. Rules: Buy when up or down arrow appears. Here's how to use three technical indicators: moving averages, MACD, and Parabolic SAR. Trend indicators can help traders spot potential market direction. Works with stocks, forex, and futures Product Include: File size: DIGITAL DOWNLOAD This is a simple indicator, but I find it is helpful on the intraday chart to plot a horizontal line at the previous day high low and close. Day, 2 Days, Week, Month, etc. Aug 12, 2019 · This indicator plot intraday high and low reversal signals on your ThinkorSwim chart. Displays both the new highs and new lows over a time span you specify. The strategy recognizes four types of swing: Pivot High-Low. Nov 16, 2019 · Now I just need to figure out how to total all the up percentage numbers and down percentages. Dec 19, 2022 · 1. Returns the Low price for the specific symbol, aggregation period and price type. You can use both Aggregation Period constants and pre-defined string values (e. Jun 26, 2020 · Here is an indicator that I had custom made I would like to share with group. For example, def xh, which used xh [1] + 1, to get the price, def xhp used May 11, 2019 · Here is the bubble code added to your script below. That very pretty uptrending zigzag that started several bars ago; is going to be erased and replaced with a downtrended zigzag when an even lower Gann Swing pattern forms. I am trying to change different color of the lines but still very cluttering on the chart. SetPaintingStrategy(PaintingStrategy. #Plot opening range high / low. Here’s an explanation of the code: Declaration and Inputs: declare hide_on_daily;: This line indicates that the indicator should be hidden May 30, 2019 · Jul 8, 2019. A swing low (SL) forms when the low reached on a security is lower than price action around it. You can also use 35, 100 or 48. VIP price : $99. # Robert Payne. And at this point, there is no way to make it show all the Oct 23, 2016 · Weis Wave Volume, Zig Zag & Ord-Volume Indicator for ThinkOrSwim. #140. It can be more than 5 bars to each side of the swing point, but it cannot be less than 5. May 17, 2021 · I'm looking for 50% and 100% extensions on each side of the Initial Balance. com/threads/high-and-low-reversals-indicator-day 13 Support & Resistance Indicators for ThinkorSwim. Extrapolate opening range levels. Set up 3-4 WL columns for your timeframes of interest, say 1m 5m 15m 60m. Here are some ways to use the Moxie Indicator: Buy and sell. Currently, I'm stuck doing it manually, and it's really annoying. In addition to that, we also have Fibonacci extension, alerts, reversal signals, and price change shown in bubbles style. Hope this helps. Step 2: Define Range for Valid Trade Entry. Give a name to your indicator and go to the thinkScript Editor tab. @jayboo876 Here is a real simple way to scan for stocks that are breaking above the previous day's high. https://usethinkscript. The main principle is entries are taken with the direction that is aligned with the trend. Making the signals only show once per zone. In order to scan for stocks that have a weekly high GREATER THAN the high of the previous week, place the following code directly in the scanner. The Price Swing strategy is a swing trading technical indicator introduced by Domenico D'Errico. # Check if the opening range time is now. NaN; #. The highest high (HH) , lowest low (LL) , lower high (LH) , and higher low (HL) swing points are each plotted separately for more control in BloodHound. There are tons of information on my website about the way it works. Click on this candle and choose Up candle from the menu. # tomsk. 7. By default Nov 8, 2022 · No, using previous bar does not fix the repainting issues of any swing indicators. Some traders, especially those using technical analysis in their trading, might focus on trends. They are essentially bull flags and bear flags but more Jan 11, 2022 · Find the code here:https://www. This indicator plots the swing points of the Swing Trend indicator (listed above), as horizontal price lines. By default, the SVEPivots indicator calculates daily Jul 18, 2019 · # Swing High and Swing Low # tomsk # 11. However tradingview is only charting. The script can detect the following 6 candle patterns: hammer, inverse hammer, bullish engulfing, hanging man, shooting star, and bearish engulfing. Conversely, in a downtrend with lower lows Jan 16, 2019 · The indicator finds the highest candle for the trading session and then takes the low (sell) It finds the lowest candle of the trading session and takes the high of that candle (buy) Whenever price crosses either condition then it generates a signal. The displacement of the study, in bars with specified aggregation period. Originally it plots the 5 min opening range breakout. Code: # 5 min opening range. New High New Low Indicator. #9. etsy. Here is what The indicator displays max/min prices and closing prices of the previous trading session. #3. The purple line indicates where to cut your losses. In this video, I’ll show you how to use the Smarter MACD scans to find powerful swing trading setups, in a few minutes. YELLOW); PrevLow. + "\n" + "\n Though the second day opens lower than the first, the bullish market pushes the price up, culminating in an obvious win for buyers". Thinkorswim is the most advanced in executing orders. Returns the High price for the specific symbol, aggregation period and price type. August 28, 2023 Beginner. input n = 20; # Set minDollarRange > 0 to turn off 0. I essentially added the associated swing high logic based on Robert's underlying design My understanding is that whenever a new swing low is detected, the code notes the price together with the bar number at that point If the bar Oct 2, 2020 · Oct 2, 2020. If disabled, dynamic auto-scaling will be applied to the price axis so that it fits to the highest and the lowest price for the currently displayed time interval. It can be used for options, futures, and stocks on any timeframe. Was in the Thinkscript Lounge over at TOS and stumbled onto this script helpfully provided by Mobius to a user inquiring about after-hours market highs and lows. The image, however, describes pivot points but I don't care for pivots. Alerts, both audible and visual, are triggered at each new high and low throughout the time span you specify. com/shop/AndrewsToolbox Jun 3, 2019 · The EMA GRaB indicator produced a wave consists of: The 34-EMA GRaB indicator helps to identify the following: A trend reflects organized sentiment and momentum in the market. Select this option if you prefer to scale . Nov 30, 2023 · Nov 30, 2023. Alerts can be set up using an ATRTrailingStop scan. In the Candlestick Pattern Editor window, you can see a big gray candle with a icon inside of it. The ZigZagSign plot connects swing points if the difference between their prices exceeds specified offset. look for ones that are above or below the previous one. com/listing/1150066589/auto-plot-premarket-high-low-technicalLink to other codes:https://www. Trading foreign exchange on margin carries a high level of risk, as well as its own unique risk factors. This can be done by spotting well-known signals: divergences May 26, 2019 · The number in the label after a confirmed Zig Zag is the difference in price between the Zig Zag High and the Zig Zag Low. Input higher time frame by number as minute, such as 120 means 2 hours. A high swing point is a bar whose price is greater than that of the previous and the following bar; conversely, a low swing point is a bar Nov 4, 2022 · It uses Heiken Ashi candles to detect recent swing high and low. HORIZONTAL); If you just want to look for the highest and lowest within the last 5 days (for example), then just turn on the "Show high/low bubbles" in ThinkorSwim's settings. This package includes swing high low extension indicator, scan and screener (custom watchlist column). It includes data from popular indices like the NYSE, Nasdaq, Amex, and Arca. The main difference between the two is that TOS version plots arrows instead of circles. Elliott Wave Swing High Low Indicator for ThinkorSwim Review, Great for day trading and swing trading. This study tells you the strength of movement on a given timeframe. · On the main screen, locate the “Charts” tab on the top menu and click on it. The best for me (day trading) is the 10-minute chart. #4. 28 and the Zig Zag Low = $73. 2019 # As requested by chillc15 I have modified [USER=1174]@RobertPayne[/USER] code to include SwingHigh # points which are now plotted in CYAN with the swing high points painted in PINK. This value is equal to the specified percentage of price change plus Average True Range (ATR Oct 18, 2022 · The New 52-Week Highs and Lows indicator for ThinkorSwim measures the number of stocks hitting new highs or lows on a specified index. Tradingview imo is on another level. It's currently optimized for the 1 hour chart using aggregation periods 1 hour and 3 days - I use it for swing trading. The fib retracements do not plot, just labels. Trading stocks, options, futures and forex involves speculation, and the risk of loss can be substantial. For general questions or request for indicators, post them here. 🔶 USAGE It The Swing Three strategy is a trading system developed by Donald Pendergast. The indicator includes short, medium, and long length of trend lines. It can be used as a stop-loss or support/resistance indicator. Upon completing your purchase, you will gain immediate access to the downloads page. Based on the parameters you set for (1) the ATR risk set-up (Type of Average to use for the ATR, Length of Swing traders prefer this indicator because it quickly detects a trend, the overbought and oversold levels. Plot the actual opening range on our ThinkOrSwim charts. It includes options to turn any label or bubble on and off, and change custom colors and transparency (under Jul 19, 2023 · This script labels swing highs and swing lows as well as the candle pattern that occurred at that precise point. Likes. declare hide_on_daily; input aggregationPeriod = AggregationPeriod. Jun 1, 2021 · Oct 2, 2021. May 11, 2019 · Thank you. 382 and 0. This value is equal to the specified percentage of price change plus Average True Range (ATR The ZigZagHighLow study is designed by Sylvain Vervoort as part of his "1-2-3 Wave Count" and "V-Trade" systems. There are already many successfull indicators that are backtested by many youtubers. Suppressing the signal creation if the chart or market internals are extremely against the countertrend signal (this can also likely be toggled) 4. If interested, I can provide the code here as well. DO NOT post your questions in this forum. These are the best Support and Resistance indicators for ThinkorSwim. def bn = BarNumber(); def c = close; def v = volume; def vw = vwap; def anchorh; def volumesumh; PM me and I’ll gladly REFUND you! Purchase Elliott Wave Swing High Low Indicator for ThinkorSwim with Fibonacci courses at here with PRICE $42 $40. Aug 17, 2023 · In addition to the usual pivot or swing high/low logic that looks for the highest high and lowest low within X number of bars, this indicator also has an added ATR multiplier tacked on top of the average price within a set period, so pivots should generally only be established from strong price action. DAY; input length = 1; input displace = -1; input showOnlyLastPeriod Jul 31, 2019 · thinkScript Code. input OpenRangeMinutes = 5; input MarketOpenTime = 0930; input ShowTodayOnly = yes; def Today = if GetDay() == GetLastDay() then 1 else 0; Jun 17, 2015 · 3 Level ZigZag Session High Low Indicator for Thinkorswim TOS. The Moxie Indicator is a trading tool that helps traders identify market strength and potential moves in stocks. Mar 5, 2022 · Previous Candle High/Low Labels & Bubbles ALL IN ONE - with custom color/transparency global options! Hello all! I made this for myself and thought others might enjoy it as well. Code: input opentime = 0930; input ORend = 1030; input opacity = 1; def na = Double. I set its style as a small dashed line. The range in ticks (pips) from high to low is displayed in a chart label along with the high and low. Let’s do a quick recap on swing highs and swing lows. ) You will be able to choose the scan type from the Editor. · In the “Chart Settings” window, choose the symbol or stock you wish to analyze using the Volume Profile Indicator. Code: #Added optional horizontal lines at high/low of breakout/breakdown bars, with options to show clouds and limit the length of the lines/clouds. peaks, valleys, defined by x bars before and after current bar. 18. This indicator by its very nature backpaints by default, meaning that the displayed components are offset in the past. Oct 3, 2020 · Zig Zag Study with Auto Fibonacci Levels For ThinkOrSwim The FB chart below shows the 2 sets of labels, a manually drawn fib retracement for testing and a green fib retracement bubble as part of the code. Hope you find it helpful. The momentum indicator is often analyzed based on its May 13, 2020 · It can be used on any timeframe. #13. I have worked on this indicator quite a while and am now using it consistently on my daily charts for swing trading. Here is the adjusted code to add to your chart for totals of price at the highs/lows. This indicator for ThinkorSwim takes the high and low of the previous week or month and add Fibonacci retracement levels to create potential support and resistance levels. def CurrentDay = GetDay() == GetLastDay(); Oct 19, 2019 · Previous Day High/Low/Close + Premarket High/Low + High/Low/Open of Day + ATR Lines for ThinkorSwim: Indicators: 77: Oct 25, 2022: J: High/Low Anchored VWAP For ThinkOrSwim: Indicators: 14: Sep 17, 2022 @ PreMarket High & Low Labels For ThinkOrSwim: Indicators: 5: Sep 14, 2022 Jul 18, 2019 · Thanks, this is fixed below and the post above. ) then plot lines between the above levels (swing high/low) where price reacted to multiple times (basically support and resistance lines) on the daily chart as well. The SVEPivots study is a support/resistance technical indicator developed by Sylvain Vervoort that is based upon the observation that uptrend and downtrend price swings are quite often of almost equal lengths. In an upward trend characterized by higher highs and higher lows, green candles should dominate, indicating bullish momentum. By default, the SVEPivots indicator calculates daily May 26, 2019 · Here is the ZigZag High Low indicator with Supply and Demand Zones. ”. It will tell you when to short via a down arrow. Then I add some customizations to it to make the breakout or breakdown more noticeable. 590. Dec 28, 2022 · this is an upper study for testing look for peaks and valleys. Code: #---------- Study Inputs. Oct 27, 2023 · This should display 2 vwaps, one anchored to last week's high and one anchored to last week's low. Fit orders. SleepyZ said: Here is code for Swing High/Low with options to show all swings or last swing, fib levels, number of swings to display fib1 levels, and chart bubbles identifying swings and fib1 levels. Im looking to add a label for price and yesterday high / low on the chart. Jun 9, 2024 · There are four general steps that I will be following, when building our opening range breakout indicator. Description. Take Advantage of this MACD Divergence in JPM. This is a free indicator for ThinkorSwim that will automatically draw trend lines on your trading charts. If you plan on including images in your post, be sure to go through this tutorial. Code: high > high[1] Using this code on a Weekly aggregation, scanning against the S&P 500, the scan returned 364 results. Here is what Jul 18, 2019 · Code: ## Mobius' swing high/low script. This will add the first Up candle. Jan 5, 2021 · Hi Guys, I have an indicator from here that plots the Prior days Open, High, Low, Close, and overnight Highs/Lows for my futures trading on TOS. A premium swing trading indicator for ThinkorS May 26, 2019 · @chillc15 This study was originally designed by @RobertPayne so if you have any specific queries regarding the design of the code you might like to check with him. By default, the momentum is calculated as the difference between the latest close price and the close price 12 bars prior to it. It will give signals when price change exceeds per-defined percentage within any period of time. For the script to function, time needs to be set to an intraday increment with afterhours checked ON. Since it is after market hours now, try this scan when trading resumes on Monday. This is a free custom study and the If an indicator fails to create a new swing high while the price of the security does reach a new high, there is a divergence between price and indicator, which could be a signal that the trend is reversing. The full list of the pre-defined string values can be found in the Referencing Secondary Aggregation Jan 15, 2022 · Basically looking for an indicator that: 1. 2. The ZigZagHighLow study is designed by Sylvain Vervoort as part of his "1-2-3 Wave Count" and "V-Trade" systems. Apr 25, 2020. Aug 21, 2019 · PrevLow. The shareable link is below:Highlow - http://tos. It uses the TrendQuality indicator built into TOS as its base. Change the timeframe to the corresponding X days you want to check. Visually is great to see high and low. For example if the Zig Zag High = $76. 1 = LONG, 0 = HOLD, -1 = SHORT. g. The main purpose of HHLLS is to recognize trend behavior: emergence, corrections, and reversals. mx/vlYEWM Here's an algorithm of creating such a pattern: 1. ## Added Fib retracements and extensions # The number of bars to look back. I wanted to share an indicator I've been toying with for quite some time. The full list of the pre-defined string values can be found in the Referencing Secondary Input Parameters. The fib bubbles can moved left/right in the expansion by the number of bars at the input: bubble_mover. #thinkscript indicator : Hight, Low, Close. confirm possible trend reversals. This indicator is best used to highlight important chart patterns and. A level at which stocks manage to stop and reverse. T. Swing highs and swing lows are earlier market turning points. The aggregation period on which the highest High and lowest Low prices are calculated. Based upon the most common technical indicators, such as simple (SMA) and exponential (EMA) moving averages, it is best suitable for volatile, high-volume stocks and ETFs that show smooth, regular swing and/or trend moves. This indicator works in the Sep 14, 2022 · How do i create a label which displays on multi-time frame a) Day's high and low price b) Previous Day's high and low price c) Premarket Day's high and low price Aug 6, 2023 · Step 2: Choose a Chart. Would anyone happen to have or know of a script for ThinkorSwim that automatically plots swing highs/lows for any time frame? I've attached an image that sort of similar to what I'm talking about. This allows the rest of the code to use the horizontal line plots even though they are hidden. Once price moves above a prior swing high and begins to retrace a new swing high is formed. Thinkorswim Alert High Low. input pivotlength = 5; input showhorizontals = yes; input HHLLlabels = yes; input showbubbles = yes; Aug 30, 2022 · bulleng_ = "The bullish engulfing pattern is formed of two candlesticks. To configure and integrate ThinkScript into TOS, go to the Edit studies menu, then Create. The rsi traditionally fluctuates between 0 and 100. When I am add ing more indicators to the upper chart, the chart can be eyes soring. Indicators are open source. @barbaros if you really take a look at this indicator all it is doing is telling you when price has closed above the high of the lowest bar and below the low of the highest bar intraday for the day. Think about it: When the swing reverses before reaching the next Gann Swing pattern. Traders can buy when the indicator crosses above zero and the price is above its SMA (50 Had a couple questions in regards to producing a HOD LOD indicator. nan" for "NO", it is now "sethiding". Turn ThinkOrSwim into your trading powerhouse, with our free indicators, scans, backtesters, research and more. Relative Performance Indicator for ThinkOrSwim (FREE) Build a relative performance indicator, which lets you easily compare two symbols against each other and find outperformers. And for good reason: Prices can change quickly, and some traders Nov 16, 2019 · It displays the following information represented via bubbles at each of the Zig zag turning points # # Label for Confirmed/Unconfirmed Status of Current Zigzag # Price Change between Zigzags # Price at Zigzag High/Low # Bar Count between Zigzags # Volume at Zigzag Reversals input showBubblesChange = no; # Price Change between Zigzags input May 11, 2019 · Here is the code for the yesterday high and low. Step 1: Define Opening Range. Track high and low during the opening range. You can change the colors and transparency of the bubbles under Globals as seen in 2nd pic, adjust the bubbles position to a specific time, and there is an option to turn off the bubbles altogether. Adding the options for labels instead of arrows (probably doing this tonight) 3. Instead of "double. The Swing Three strategy is a basic momentum/breakout trading system developed by Donald Pendergast. This strategy adds entry and exit simulated orders when a swing (a rapid price move of either direction) of a specified type is detected. As our second candle is also an Up candle, repeat step 1. Hence, they are natural choices for projecting support and resistance levels. Step 3: Select the Symbol. This indicator works in the same way as the 3 Level ZZ Semafor in MT4. 2019. It will show you how to attach images. set ups on whatever timeframe chart you are using. input OpenRangeMinutes = 5; input MarketOpenTime = 0930; input ShowTodayOnly = yes; Is there an indicator or code that would provide an indicator that shows only the high and low of the day (intraday) and 2 more swings? Fit high/low. Jul 18, 2019 · Hello Ben, I love the candlestick color identification of the swing high and swing low throughout the chart. It works with any timeframes. The HHLLS (Higher High Lower Low Stochastic) study is a momentum-based technical indicator developed by Vitali Apirine. Rember, the underlying zigzag study can 'repaint'. May 11, 2019 · I took this indicator from Robert and tweaked it a little to my need. The HH and LL are drawn by the Widest plots, and the intermediate LH & HL swing Description. Both the price type and the offset period are customizable. I added Multi timeframe support, smoothed HA, Bar color option and show/hide wicks CODE: Oct 19, 2014 · Posts. Hope that helps to clear things up. The indicator estimates future price targets by calculating the measured move (price projection based on the previous swing). They will display in expansion andt you can move sideways at input bubblemover. Sep 22, 2023 · This is a thinkScript code used in the thinkorswim trading platform to create a custom indicator. For Swing Trading, the 4 hours chart works well. Clients must consider all relevant risk factors, including their own personal financial situation, before trading. 618 Fibs, # when dollar value of HighLine - LowLine range is less than # chosen minDollarRange. If you know how to code with pine script language, you can create your own indicators or strategy. and Low 1, Low 2, Low 3, Low 4, etc. The first candle is a short red body that is completely engulfed by a larger green candle". Nov 19, 2023 · The most interesting and possibly useful indicators are the Brooks Price Action (BPA for short) Buy and Sell Set Up indicators, and there are several. Buy the Elliott Wave Swing High Low Indicator for ThinkorSwim with Fibonacci course at the best price at esy [GB]. ) as valid parameters for the aggregation period. Jul 11, 2019 · Mar 19, 2020. Code: declare upper; input length = 252; def highestHigh = fold highIdx = 1 to length with sHigh = high do if sHigh > GetValue( high, highIdx, length + 1 ) then sHigh else GetValue( high, highIdx, length + 1 ); The Price Swing strategy is a swing trading technical indicator introduced by Domenico D'Errico. #1. I found this code while exploring this topic on Research Trade. Video tutorial showing you how to use setup the scanner and watchlist columns for the "Buy the Dip" indicator. Code: #Anchored_VWAP_LastWEEKs_High_Low. rlohmeyer said: ATR Risk Control Indicator for ThinkorSwim. I care only about swing highs and lows. The indicator is designed to plot the high, low, and close prices of the previous trading day on the chart. Select this option to adjust the price axis so that it fits the highest and the lowest price of the entire plot. The calculation is based on the ZigZag algorithm. Code: # High Low Previous Day Breakout Scan. New Highs & Lows (NH-NL) may be used as a contrarian indicator to detect extreme sentiments among bullish and bearish investors. However, I took that out and only keep the previous day high and low. cj pe bw xj bo fo pu bf us vh