What is hl2 in TradingView? (2024)

What is hl2 in TradingView?

Author: Hajixde This indicator illustrates the High-to-Low variation. It works nicely on shorter time frames. The index value is calculated based on the observation length (Memory Length). By changing this input, you can have a wider or shorter observation range.

What does HL2 mean in trading?

Consolidated Bars HL2 - computes a virtual bar based on the (high + low) / 2 which is formed from the combination of the most recent number of bars identified in the "Bar Count" parameter. These bars are continuous and always reflect the net of the previous bars average of the high and low.

What is HL2 and HLC3?

HL2 formula: (high+close)/2. HLC3 formula: (high+low+close)/3. HOLC4 formula: (high+open+low+close)/4.

What is HLC3 in TradingView?

Definition of 'HLC/3'

The HLC stands for High, Low, Close and the /3 divides the result by 3 to give you the average. Some traders feel that this average is more representative of the true value of the price of a bar/candle in a chart.

How do you get level 2 on TradingView?

Connect to the account of the broker who supports Level 2 data (TradeStation, CQG, AMP, Tradovate, iBroker, HitBTC or Alor). Click the DOM button on the right toolbar of the chart. DOM for the current security will open. If it's empty, then the symbol you are looking at cannot be traded through the broker.

What is the best source for VWAP?

The source for the VWAP calculation. Traditionally, bar's average value is used as the source. By default, the source is hlc3, but hl2 is another common option.

What is the 2 rule in trading?

What Is the 2% Rule? The 2% rule is an investing strategy where an investor risks no more than 2% of their available capital on any single trade. To implement the 2% rule, the investor first must calculate what 2% of their available trading capital is: this is referred to as the capital at risk (CaR).

Why is HL2 so popular?

It showed the world what is possible to do in first-person shooter games. Very realistic NPCs that actually follow the player with their eyes and whose mouths move very well in sync with the voice lines. Physics gameplay, including buoyancy, seesaw weights, pendulums etc.

What does HL2 update do?

Half-Life 2: Update tries to fix most of them while also improving the graphics, increasing draw distance, adding new effects without changing the core gameplay (aside from maps, which was slightly modified to add more Lambda Locator creates and symbols while keeping total as 45).

What is the most powerful indicator in TradingView?

What is HLC3 indicator?

Consolidated Bars HLC3 - computes a virtual bar based on the (high + low + close) / 3 which is formed from the combination of the most recent number of bars identified in the "Bar Count" parameter. These bars are continuous and always reflect the net of the previous bars average of the high low and close.

How do you calculate HLC3?

It's calculated by taking the mean of the high, low, and closing prices for a given period. As a result, some may know it as HLC3 (high, low, close / 3).

Does tradestation have level 2?

The Market Depth window displays the limit order level two data for all symbols, buyers are on the bid side, sellers on the ask. See how to create a Market Depth window for any symbol, access symbol and window settings, and trade directly from the window with a built-in trade bar.

Does Active Trader Pro have Level 2?

Where do I find Level 2 data? The depth of book is found in the Directed Trade ticket, under Trade and Orders > Directed Trade & Extended Hours. The Level 2 data, is a combination of multiple data sources in the depth of book view, including NASDAQ TotalView and the NYSE ArcaBook.

Do professional traders use VWAP?

Traders use the VWAP to combine price and trading volume and make important decisions about whether to make an entry or exit point in a specific security. They are also able to use it to determine which type of approach to take—active or passive if they decide to go ahead and make an entry.

Is VWAP leading or lagging?

No, VWAP is not a leading indicator, it is a lagging indicator because it uses historical data. There is no real-time data used in VWAP and, therefore, it only has specific uses and does not help traders who need up-to-the-minute data.

What is 90% rule in trading?

The 90 rule in Forex is a commonly cited statistic that states that 90% of Forex traders lose 90% of their money in the first 90 days. This is a sobering statistic, but it is important to understand why it is true and how to avoid falling into the same trap.

What is the 80% rule in trading?

The Rule. If, after trading outside the Value Area, we then trade back into the Value Area (VA) and the market closes inside the VA in one of the 30 minute brackets then there is an 80% chance that the market will trade back to the other side of the VA.

What is the 357 rule in trading?

What is the 3 5 7 rule in trading? A risk management principle known as the “3-5-7” rule in trading advises diversifying one's financial holdings to reduce risk. The 3% rule states that you should never risk more than 3% of your whole trading capital on a single deal.

What is the HL2 controversy?

Valve announced Half-Life 2 at E3 2003 with a release date of September of that year. They failed to meet the release date, leading to fan backlash. A year before its release, an unfinished version was stolen by a hacker and published online, which damaged the team's morale and slowed their work.

What source does HL2 use?

This system requirements applies to the retail version of the game, which runs on Source 2004 or Source 2006. hl2.exe .

How long does HL2 last?

Read More. How long is Half-Life 2? When focusing on the main objectives, Half-Life 2 is about 13 Hours in length. If you're a gamer that strives to see all aspects of the game, you are likely to spend around 19½ Hours to obtain 100% completion.

Is HL2 a GMOD?

Half-Life 2 is the game that the default content of Garry's Mod comes with. The game was developed and released by Valve in 2004 after releasing Counter Strike: Source, the first game to use the Source Engine (not GoldSource).

How do I enable God mode in HL2?

God mode. Enable Cheat mode. Then press ~ (tilde) and enter "/god" at the console window.

Is HL2 a dystopia?

Half Life 2. The first game is Half Life 2. The best thing about it is the story. I am a big fan of George Orwell's 1984 and dystopian stories in general, so I appreciate the dystopian elements in Half Life 2.