OPEN-SOURCE SCRIPT

HHV & LLV based Trend

By NumberGames
Updated
HHV and LLV gives good information about the trend.
A trend will be visible when its seen with fast and slow line cross

UP trend: HHV_fastline = HHV Slowline and LLVfastline crossover LLVSlowline
DOWN trend: HHV_fastline crossunder HHV Slowline and LLVfastline !=LLVSlowline

Attempted to plot the same with multiple options to choose fastline length, slowline length, Multi time frame.
Release Notes
updated give to more visual comfort.
breakdownbreakoutdirectionhighesthighlowestlowpivotsidewaystrendTrend Analysis

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

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