High Low Detector
- Indicatori
- Paballo Justice Tsoako
- Versione: 2.0
This is an MQL5 custom indicator for MetaTrader 5 called "Swing Highs and Lows Detector", converted from a Pine Script (TradingView) indicator.
What it does
The indicator identifies and labels **market structure swing points** on a price chart:
- HH (Higher High) – A new swing high that's higher than the previous swing high (bullish signal, colored lime green)
- HL (Higher Low)– A new swing low that's higher than the previous swing low (bullish signal, colored lime green)
- LH (Lower High) – A new swing high that's lower than the previous swing high (bearish signal, colored red)
- LL (Lower Low) – A new swing low that's lower than the previous swing low (bearish signal, colored red)
