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Anyone has the indicator that will draw horizontal line for
Double Bar High with Lower Close (DBHLC).
Draw line when two bar has the same Low level or High level.
Not necessary to be consecutive same level bar low or high.
(This maybe good as support and resistance)
Can anyone provide me with some code to achieve the following:
I call them pivot bars but they are sometimes called reversal bars...
1) Plot a Pivot Low (eg: low surrounded by two higher lows) / Pivot high (high surrounded by two lower highs) - this is easy have the code for this.
2) Plot a Low of Pivot Low (eg: a Pivot Low (as defined in 1) with a higher pivot low on both sides) and Plot a High Pivot High (eg: a Pivot high (as defined in 1) surrounded by two lower pivot highs)
It sounds complex but is not, PM me if you need any clariifcation all I really need is a pivot of a pivot !
Following my previous post I have posted some images below to illustrate the idea...
Please someone let me know if the can code the lowest pivot low and highest pivot high indicators
Linear Mode
