A personal implementation of a famous trend principle known as higher high, higher close, lower low, lower close (HHHC - HHHL). It uses price action alone to determine trend direction, trend changes and pullback zones.  [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

• Customizable breakout period
• Customizable colors and sizes
• It is non-repainting and non-backpainting
• It implements alerts of all kinds

The indicator defines three price zones:

• Buy zones are blue
• Sell zones are red
• Pullback zones are pink
• Trending zones are green

This indicator helps to /confirm/i...

• Market structure and levels, using historical lines
• Trends, pullbacks and reversals, using zones
• Possible reversals or continuations, lines go flat

Settings

• Period - Breakout period in bars to determine a trend change.
• Multiplier - The ATR multiplier which defines the trend.
• Colors - Colors of the different price zones: buy, sell, pullbacks and trend zones.
• alerts - Enable or disable alerts of all kinds.

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

Author

Arturo López Pérez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.