Basic range histogram.
Multimeter showing higher/lower highs/lows on each time frame.
Tro, could you make the higher/lower highs/lows indicator show a count of the number of times there has been higher/lower highs/lows over a period of time? Like the bar count indicator, counting how many red/green bars there are in a row and shows you how many times they have occured.
Maybe it could be possible to estimate, with the stats, when there might be an occurance of a new higher/lower high/low?
So if there has been say 5 occurances of a higher high 4 times in a row over the last 100 bars, when we see 3-4 higher highs we know price might be slowing down and could be headed downward - or at least start creating lower highs.