OPEN-SOURCE SCRIPT

Higher and lower close indicator

Some strategies depend on a higher or lower close than the previous bar's close. With lower time frames and small bars, this can be time consuming. The indicator reduces the time for such decisions by colour indicating the condition. A higher close than the previous bar is denoted by a green dot at the bottom of the screen, red for a lower close and blue for an equal close.
closehigherhighercloselowerlowercloseTrend 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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