Turbo Simple Height Filer

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The Simple Height Filter feature should be set to TRUE. The intention
of this option is to make sure that the price moves are in a “Stall”
pattern. The code used to create this feature is derived from a MT4
Library indicator call iHighest and iLowest. This is a little used
indicator because it is not really an indicator. There is no visual
display for it other than in the Zig Zag indicator. However, the Zig
Zag cannot be used as an indicator because it is after the fact and
not deductive on the current bar.

The iHighest construct is more of a detector than an indicator. What
it does is detect the Highest price value of the High, Low, Close or
Open over a specified number of bars. The iLowest detector finds the
lowest price value of the High Low Close or Open over a specified
number of bars. The out put of this detector however is not the price
value but the bar value. For instance it will tell you that the
Highest High price value in the last 30 bars is in bar 10.

The FAP use of these detectors is to monitor the number of bars from
the last High to the Last low values. The theory being that over a
certain range of bars if there are fewer bars between the last High
price and the last Low price then the prices are more volatile. If
there are more bars between the last High and Last low prices then the
price trend is in a stall. Although this theory like most theories
about price movements is not always true it is certainly better than
nothing and should help to keep order entries in stall situations vs.
volatile situations.