The Higher High Lower Low (HHLL) indicator is a simple indicator that visually represents to the user if a higher high or a lower low has been made.
If a higher high has been made, an up bar in the chosen color will be drawn. If a lower low has been made, a down bar in the chosen color will be drawn. Should a higher high and a lower low be made in the same bar, a bar up and down bar will be drawn in a third color of choice. If an inside-bar is rendered, then no up or down bars will be drawn.
This visual configuration makes it easy for the user to identify if bars are making higher highs or lower lows.
The following are inputs available in the application:
The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, trading methods, and/or indicators will result in profits or not result in losses.
This indicator is only compatible with FXCM’s Trading Station Desktop. Additionally, an FXCM account is required (including free FXCM demo accounts).
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