Can someone please help me understand how the HHV is calculated? Thanks!
downwithfate
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@jimcolquitt, HHV is the Highest High Value in the ATR period. Here the default is 10, and is a user input. It will look for previous highs and compare them to the HHV and choose which is higher.
BelsizeLion
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Have you back tested this over different time frames? I'm wondering what time frame gives the best returns using this indicator.
Hi @ceyhun - you have done a great job. I have a query if you can answer then will be great help for me. What is HHV here? Is it highest of 10 days high or something else?
TradersHubOfficial
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@rbhushan03, I also think the same. If you find out then let me know.
Harichandraa
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Good Work !! Glad to see this indicator in Trading View. For 5 mins chart, which is best ATR multiplier setting ?
ceyhun
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@Harichandraa, thank you . the original settings are good, try the strategy.
settings
example (*2)(/2)
Multiplier-2.5-5-10
atr period 5-10-20
HHV period -10-20-30