Indicators: HLR_Histogram

 

HLR_Histogram:

The HighestLowestRange (HLR) indicator implemented as a histogram with a color indication of entering the overbought and oversold zones. The first bar upon entering the overbought and oversold zones has a brighter color if preceded by an opposite trend.

Fig.1. The HLR_Histogram indicator

Fig.1. The HLR_Histogram indicator

Author: Nikolay Kositsin