Contract Hi Low

Contract Hi Low was authored by Omega Research 1995. It displays the highest high and the lowest low. No user input is required. This indicator’s definition is further expressed in the condensed code given in the calculation below.

Contract High Low

How To Trade Using Contract Hi Low

No trading signals are given for this indicator.

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//con = contract
//index = current bar number

conHi = ifNull(high, conHi[index-1]);
conLow = ifNull(low, conLow[index-1]);
if (high moreThan conHi) conHi = hi;
if (low lessThan conLow) conLow = low;
Plot1: conHi;
Plot2: conLow