Vertical Horizontal FilterVertical Horizontal Filter indicator script. This indicator was originally developed by Adam White.
Vertical
Vertical Horizontal Filter Vertical Horizontal Filter was initiated by Adam White. It was first published
in a magazine called “Issues of Futures” in August, 1991. The Vertical Horizontal
Filter (VHF) is a very common Indicator used by traders to find out the Phase of
a Price Trend. Normally, a price trend can be in a Trending Phase or a Congestion
Phase/Choppy Movement Phase. Adam White created this particular Technical Indicator
to determine whether prices are trending in a particular direction or are they going
through a transitional period. He used it to measure the range of Futures available
in the market.
OffsetThis is a simple vertical offset function. It will work with price data or data from indicators. Sometimes I find it useful, particularly when I want to eliminate extraneous trading signals, to use this offset function with some of my indicators. I hope you find it useful too.
Open/Close Vertical Line by WiscoDishOpen and close lines. I used a 4 minute timeframe, so the open price goes on 08:28-08:32 central time for the 8:30 open. You can change those times if you want, just copy/paste the script and edit.
