Watch how to download trading robots for free

Find us on Telegram!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Views:: 19375
Rating:: (32)
Published:: 2018.11.24 13:55

Higher Highs & Lower Lows.mq5 (10.47 KB) view

Download as ZIP, How to download code from MetaEditor

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Theory :

According to Vitali Apirine’s article “Higher Highs & Lower Lows,” in in February 2016 issue of TASC, the momentum indicator-based system HHLLS (higher high, lower low stochastic) can help to spot emerging trends, define correction periods, and anticipate reversals. As with many indicators, HHLLS signals can also be generated by looking for divergences and crossovers. Because the HHLLS is an oscillator, it can also be used to identify overbought & oversold levels.

Usage :

You can use the color change of the fill zone (ie: the crosses of the two values) as signals

Stochastic extended - floating levels

MACD slope divergence

CCI of average - floating levels

Deviation scaled MA - extended

Higher Highs & Lower Lows Stochastic - indicator for MetaTrader 5