Break (HH/HL & LH/LL)

This indicator show you how to visualize breaking points on the chart, the pivot-based control points and possible olng and short trades. The pivot points create levels of support and resistance , if the price breaks the resistance, it means that the price is bullish for the other side if the price breaks the supports means that the price is bearish.

It shows the highs and lows based on pivot points, showing Higher Highs, Lower Highs, Higher Lows and Lower Lows. Depending on the previous pivots.

A better confirmation for an uptrend is to expect higher high (HH) and then a Higher Low (HL), and for a downtrend expect Lower Low (LL) and then a Lower High (LH).When the price breaks a previous high or low level, a signal will be triggered in that direction, it is also possible to filter these signals with a ribbon of moving averages, you can choose up to 14 different types of MA's.

Benefits:

• It will show you HH/HL and LH/LL
• Mark tags for breaking points
• You are able to use coloring candle filter
• It shows MA ribbon for complement your trading TA
• It works in any time frame or market like Forex, Crypto or stocks and derivates

Break by VerticaltradersIndicators on TradingView.com

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