Indicator Daily-Weekly-Range-In-Price by Maurizio-Ciullo

Specification: Indicator Daily-Weekly-Range-In-Price helps traders to easily identify the price movement of a range that goes from highs to lows in a specific timeframe. Range price can be chosen between daily or weekly. It can be integrated with strategies giving us more information abot price movement.

Name:Daily-Weekly-Range-In-Price

Category: Mean Reversion. Range Trading

Timeframe: From weekly below, depending on the specific technique.

Technical Analysis: The indicator uses price action from daily to weekly using highs/lows to detect the range movement.

Suggested usage: Every Market especially for Swing Trading Operativity.

Daily-Weekly-Range-In-Price Indicator can identify automatically the range between highs and lows from weekly to minor timeframes with labels on the charts and an histogram helping shown on the chart to easily identify the volatility range juat at one glance.

Highly Dinamic Inputs Settings: Timeframe can be changed from the input options, labes indicating the range in price will change automatically.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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