by 
A strategy for 5-minute charts that turns a triggered retest of a broken 15-minute delta level into orders. Entry needs a new trigger, a flat position, a cooldown module allowing the trade and, by default, agreement with the 4-hour bias. The stop sits at the z
Strategy · Pine Script v5 · On the chart
HH, LL, HL, LH Indicator
A strategy-type script that draws the high, low and midpoint of an opening window each day, plus pivot-based support and resistance lines from left and right bar settings.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code264
Settings18inputs
LicenceNone stated
Last update2 years ago15 Jul 2024
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new strategy, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart. The trades and results appear in the Strategy Tester tab; adjust the settings with the gear icon.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
HH, LL, HL, LH Indicator prints buy or sell labels when the close breaks a pivot level while an EMA-based volume oscillator exceeds a threshold, and separate wick labels for bullish or bearish wick breaks. The visible code contains no order or stop loss logic.
- Opening window high, low and mid lines
- Pivot support and resistance lines
- Volume-confirmed breakout labels
- Bull and bear wick labels
Details
Published by
akash-yellgetti on GitHub
Type
Strategy, Pine Script v5
Draws
On the price chart
Category
Support & resistance, Breakout, Volume
Markets
Any symbol
Timeframes
M15-H1
Risk Notes
- The strategy enters trades without a stop loss
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| End Hour | int | 9 | End Hour |
| End Minute | int | 30 | End Minute |
| End Hour | int | 3 | End Hour |
| Length | int | len | length |
| Show Breaks | bool | true | toggleBreaks |
| Left Bars | int | 15 | leftBars |
| Right Bars | int | 15 | rightBars |
| Volume Threshold | int | 20 | volumeThresh |
| Source | source | close | src |
| Fast Length | int | 5 | fastLen |
| Slow Length | int | 13 | slowLen |
| Exponential Moving Average | bool | true | ema |
Show all 18 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Slope | float | 1. | mult |
| Slope Calculation Method | string | Atr | calcMethod |
| backpaint | bool | true | backpaint |
| Up Trendline Color | color | color.teal | upCss |
| Down Trendline Color | color | color.red | dnCss |
| Show Extended Lines | bool | true | showExt |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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