HH HL Higher highs, Higher lows

January 22nd, 2010, 02:01 PM

Resistance Breakers :

Higher highs and higher lows could indicate a possible breakout to the upside.
Possible new HOD (high of day).

Lower lows and lower highs could indicate a possible breakout to the down side.
Possible new LOD

Is there a indicator to see this? or need to learn price action thoroughly?

January 22nd, 2010, 03:28 PM

mystery indicator, can you crack it?

so somebody sent me this screen and he asked if I know the indicator? So I guess the best way to find out is to try to replicate it.

here is the chart

first try;

January 22nd, 2010, 03:43 PM

emini_Holy_Grail

Resistance Breakers :

Higher highs and higher lows could indicate a possible breakout to the upside.
Possible new HOD (high of day).

Lower lows and lower highs could indicate a possible breakout to the down side.
Possible new LOD

Is there a indicator to see this? or need to learn price action thoroughly?

You will be doing yourself a tremendous service if you learn price action very thoroughly . HHs and LLs etc and how they relate to support , resistance , open and close prices .

January 22nd, 2010, 04:10 PM

Thks Cory. That's close enough

HH HL Higher highs, Higher lows

Discussion in Traders Hideout

HH HL Higher highs, Higher lows