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February 2016 Stocks and Commodities Traders Tips


Higher Highs and Lower Lows

AIQ Version:

Original article by Vitali Apirine
AIQ Code by Richard Denning

The code provided computes the indicator values for the HHS and LLS indicator as well as allow us to plot the indicator on a chart.

Figure 1 shows the indicator on a chart of Align Technology (ALGN).

Captions:
Figure 1 – HHS and LLS indicator on a chart of ALGN.

EDS Code:
HH & LL.EDS
(right click and choose Save As)


 

Traders Studio Version :

Original article by Vitali Apirine
Traders Studio Code by Richard Denning

The following code files are contained in the download from the websites:

  • Function HHSLLS_Stoch – computes the indicator values HHS and LLS
  • Indicator plot HHS_LLS_IND – plots the two lines HHS and LLS on a single indicator window
Figure 1 shows the indicator on a chart of the SP500 full size futures contract (SP using data from Pinnacle Data Corp).

Captions:
Figure 1 – HHS and LLS indicator plotted on a chart of the SP500 futures contract (SP).

Traders Studio Code:
HHS & LLS_TSZ.zip
(right click and choose Save As)

 

 

 

 

 

 

 

 

 

 

 

 

 

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