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Time Anchored Intraday High/Low Trendline

schroederjoa Updated   
Bands and Channels Support and Resistance intraday anchored fixed TIME speedline
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bandsandchannels supportandresistance intraday anchored fixed time speedline
Oftentimes, intraday trendlines that are started at specific times, e.g. 8:00am or market open 9:30am, are well respected throughout the trading day.
This indicator draws up tp 3 intraday trendlines that are anchored at user defined times, respectively at the corresponding candle's high and low points.
From there, the line*s xy2 are connected in a way that all following candles are enclosed.
Release Notes:
No change of script content - cleanup up example picture only
Release Notes:
no change of script content - more chart cleanup as requested by TradingView
Release Notes:
Trendlines will now be updated only after the close of a candle to better observe the price action around a trendline. This option is the default, but can be disabled for immediate update.
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

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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