LRLR
Lower Relative Lows / Lower Relative Highs — structured trendline detection with FVG validation.
Overview
The LRLR indicator identifies structured trendline patterns by detecting sequences of relative swing points and validating them against FVG alignment as directional bias tools.
Two pattern types are tracked:
- Buyside LRLR — Ascending swing highs: a sequence of higher highs that defines where buyside liquidity is building
- Sellside LRLR — Descending swing lows: a sequence of lower lows that marks accumulating sellside liquidity
A critical feature is FVG validation — sequences interrupted by opposing Fair Value Gaps are invalidated and won't render on the chart.
Settings
Show Labels — Toggle (default: on) Display text identifiers at detected trendlines.
Label Size — Tiny / Small / Normal / Large (default: Small)
Line Style — Solid / Dashed / Dotted (default: Solid) Adjust trendline appearance.
Swing Lookback — Integer, 1–10 (default: 1) Pivot detection sensitivity. Higher values require more structural significance.
Min Swings — Integer, 3–10 (default: 4) Threshold number of swings needed before drawing trendlines.
Buyside LRLR Color — Color picker (default: blue) Color for ascending sequences.
Sellside LRLR Color — Color picker (default: red) Color for descending sequences.
How We Use It
LRLR functions as a directional bias filter during pre-session analysis. We identify structural momentum shifts and liquidity zones before the market opens, then use those trendlines as context for intraday setups.
The FVG validation is what makes this different from generic trendline tools. If an opposing FVG interrupts the sequence, the pattern is invalidated — ensuring you're only seeing structurally sound trends.