Syntax
public HHS(Bars bars, int period, string description)
public static HHS Series(Bars bars, int period)
public LLS(Bars bars, int period, string description)
public static LLS Series(Bars bars, int period)
Parameter Description
| bars | Bars used to build HHS or LLS |
| period | Indicator period |
Description
Created by Vitali Apirine, the higher high lower low stochastic (HHLLS) from
February 2016 issue issue of Technical Analysis of Stocks & Commodities magazine is a momentum indicator–based system that helps determine the direction of a trend. It is made up of two separate indicators: the higher high stochastic (HHS) and lower low stochastic (LLS). According to its author, these two indicators can be used to spot emerging trends, define correction periods, and anticipate reversals. Signals can also be generated by looking for divergences and crossovers. Like other range-bound oscillators, the HHLLS can also be used to identify overbought & oversold levels.
Example
Please refer to
TASC February 2016 issue, "Higher Highs & Lower Lows (Apirine)".