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Quants HL Break

5

Advanced calculation made by pure price action to find LH and HL breakouts.
It will give you a great reversal points in the market. LH and HL signals can used for the traingle breakouts as well.

Once breakout happens its indicate strong reversal. Nice filter for Moving Averages. I highly suggest to use that with trend indicators.

Can be used as an extra confirmation for support and resistance , supply demand indicators.


The indicator is not repainting.


Buffers :

    SetIndexBuffer(0,UpBar);
    SetIndexBuffer(1,UpBar2);
    
    SetIndexBuffer(2,DnBar);
    SetIndexBuffer(3,DnBar2);
    
    SetIndexBuffer(4,UpBarTop);
    SetIndexBuffer(5,UpBarLow);
    
        
    SetIndexBuffer(6,DnBarTop);
    SetIndexBuffer(7,DnBarLow);
    
    SetIndexBuffer(8,NBar);
    SetIndexBuffer(9,NBar2);
    
        
    SetIndexBuffer(10,NBarTop);
    SetIndexBuffer(11,NBarLow);

Sincerely,

Quants


Reviews 1
Wan Suryolaksono
1489
Wan Suryolaksono 2022.02.01 14:11 
 

Leading indicator, but need some confirmation with other type especially volume indicator

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Quants moving average slope is very powerful indicator to give directional indication and momentum. The indicator is not repainting.You can calculate ma angle efficiently and find the trend. The profit count starts once signal candle is closed. So it is exact results that would be in live. Suggested TimeFrame is using it on H1. All options of the indicator are editable. Tips : Trade swing and trend breakout directions. fractals, renko bars and bolinger bands can improve the accuracy and p
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Wan Suryolaksono
1489
Wan Suryolaksono 2022.02.01 14:11 
 

Leading indicator, but need some confirmation with other type especially volume indicator

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Version 12.0 2023.04.04
Performance fixes
Version 11.0 2023.01.24
Fixed trendlines
Version 7.0 2023.01.16
Fix current.
Version 6.0 2020.12.04
- Added New Ma Filter with Settings
Version 5.0 2020.12.02
- Option added to disable gray color candles
Version 4.0 2020.11.29
- Removed MTF approach due to its complexity.
Version 3.0 2020.11.28
A simple fix
Version 2.0 2020.11.28
- Added Alerts
- Multi TimeFrame Breakout