Daily High Low MTF

Category: market_structure, volatility

Plots horizontal levels representing the High and Low of a specified timeframe (default Daily) onto the current chart, supporting Low/High, Open/Close, and Close/Close modes.

Formula

If Price=DHL_LOWHIGH: High = High(TF, j), Low = Low(TF, j); If Price=DHL_OPENCLOSE: High = Max(Open, Close) over TF range, Low = Min(Open, Close) over TF range.

Inputs

• TimeFrame (default: PERIOD_D1)
• Previous (default: true)
• Price (default: DHL_LOWHIGH)

See signal primitives and every published strategy that uses Daily High Low MTF on WOBR StrategyVerse.