Al Brooks Style H1 / H2 or L1 / L2 indicator

[armybender]

Hi. Does anyone have an existing indicator, or have an idea how to program an indicator to display a "H1", "H2", "L1", or "L2" above or below bars in the style of Al Brooks' definitions?

It can get a little complex, because there are rules for "resetting the count", like double tops/bottoms, and new swing highs/lows, but even something simple like resetting the count after a major swing would be helpful.

Picture below.

 

[MerryDay]

Hi. Does anyone have an existing indicator, or have an idea how to program an indicator to display a "H1", "H2", "L1", or "L2" above or below bars in the style of Al Brooks' definitions?

It can get a little complex, because there are rules for "resetting the count", like double tops/bottoms, and new swing highs/lows, but even something simple like resetting the count after a major swing would be helpful.

Here is an example of how to keep track of the iteration and reset the count in certain cases, such as after a new swing low.
https://usethinkscript.com/threads/zigzag-price-price-change-bar-count-change-for-thinkorswim.9332/

Here is how to search the forum for more examples:
https://usethinkscript.com/threads/search-the-forum.12626/