This library calculates arrays of daily price deviations from the open to the high, low, and close over a user-specified number of days. It optionally filters outliers using a maximum deviation threshold. The fromOpen function returns a normalized value showin
Library · Pine Script v5 · Library
libhl
A Pine Script v5 library that records the open, high, low and close points of successive periods and keeps the latest few in an array.
Repaints
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code107
Settings0inputs
LicenceNone stated
Last update1 year ago1 Mar 2025
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 library, select all of the template text and paste. Press Save and give it a name.
- 4Publish or import itA library draws nothing. Publish it from the editor, then import its functions in your own scripts.
Source Code
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Overview
libhl exports types for period contexts and alignment, a helper that detects when a period such as a week or month changes relative to the chart timeframe, and a method that updates the stored points as bars arrive. It uses variables that persist across live updates, so values differ between history and live bars.
- Period open, high, low and close point storage
- Period change detection helper
- Capped history of recent periods
- Exported types for use in other scripts
Details
Published by
ivansoft on GitHub
Type
Library, Pine Script v5
Draws
Library (no plots)
Category
Support & resistance
Markets
Any symbol
Timeframes
M15-H1
Risk Notes
- Signals can change on the live bar or after it closes (repainting)
Topics
pinescripttradingvew
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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