mfeldt

DRS - Daily Range System

An indicator that visualizes the evolution of a daily candle, inspired by a thread on forexfactory: https://www.forexfactory.com/showthread....
Applied on a timeframe lower than D (actually lower than H4), it visualizes the evolution of the day's high and low, as well as mid and 25% and 75% lines.
The sole input parameters are the hour at which a day is supposed to start, and the extent of the "trade allowed" region as explained in the FF -1.44% thread.
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I'm planning to trade in crude oil with this indicator. Hope for best
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Hi, thanks for this verygood script. i tried to convert it to version 4. But this part gives error. hi = sesage == 0 ? high : (high > hi ? high : nz(hi, high))
lo = sesage == 0 ? low : (low < lo ? low : nz(lo, low)). Please help. Thanks.
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Hello, I'm from Russia, your indicator is a miracle. But wanted to do addition-Vdub FX Sniper VX3 / Strategy if they combine and make complementary (supplementing) would be cool. The idea is the right price goes from minimum to maximum 2 per day.Sorry for English the interpreter such. And so many thanks
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mfeldt andrei_t
@andrei_t,
glad you like it - feel free to combine with whatever you like!
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I had just ran across the FF thread and was intrigued. Since I have moved away from MT4 to TV, I took a chance and searched for DRS. Thanks for coding this. I am still reading thru the FF thread and am hoping this indicator tracks with the evolution of the strategy.
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