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Peaks and Troughs

The indicator detects important peaks and troughs (extremes) on the chart.
These points can be used to plot support/resistance levels and trend lines, as well as any other graphical analysis.
These points can serve as reference points for setting trading orders.
The indicator does not redraw.

Settings:

  • Size_History - the size of the calculated history.
  • Num_Candles_Right - number of candles to the right of the peak or trough.
  • Num_Candles_Left - number of candles to the left of the peak or trough.
  • Type_Arrows_extremum - label style.
  • Send_Sound - sound alert. 
  • Send_Mail - send an email notification. 
  • Send_Notification - send a mobile notification. 
  • Send_Alert - standard terminal alert.
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Guner Koca
5 (1)
Thise indicator is up down v6  comes with tradingwiev pinescript. purchased people, after installed on terminal ,contact me on mql5  to get BONUS  TradingView pinescript. up-down indicator is no repaint and works all pairs and lower than weekly time frames charts. it is suitable also 1 m charts for all pairs. and hold long way to signal. dont gives too many signals. when red histogram cross trigger line that is up signal.and price probably will down when blue histogram cross trigger line that
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mambobody 2022.06.04 10:03 
 

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Versão 1.5 2020.12.08
The Num_Candles_extremum parameter is divided into 2 parameters. Now you can select the number of candles to the left of the peak/trough and the number of candles to the right of the peak/trough separately.
Versão 1.4 2020.11.27
Overall improvement.
Versão 1.2 2020.09.06
Added settings:
sound alert.
send an email notification.
send a mobile notification.
standard terminal alert.
Versão 1.1 2020.05.04
Added new types of arrows.