OPEN-SOURCE SCRIPT
Intraday Range Calculator
Aktualisiert
This indicator shows an easy way to determine if the stock, index or ETF ended within a configurable intraday range.
This solution is ideal for those who study and like Iron Condors or Iron Butterflies strategies.
Results:
If the square is red, it means that the selected deviation limits have been exceeded within the chosen times.
If the square is green, the price stayed within the pre-set limits.
A yellow circle marks the moment when the price leaves the range, either by the upper band or by the lower band.
In the last bar a label with the test results will be displayed.
Settings:
In the configuration there are three fields:
1. Deviation [%]: is the range in percentage that the price can move up or down from the start time to the end time.
2. Begin Time: is the time (in 24h or military format) where the process begins.
3. End Time: is the time (in 24h or military format) where the process ends.
Example:
* for the time 11:00 am, you must enter "1100"
* for the time 2:45pm, you must enter "1445"
Important:
The selected timeframe must be less than 1 hour and Extended Trading Hours in the lower left corner), otherwise the indicator may not show results.
Later I will make an improvement to solve these inconveniences.
This solution is ideal for those who study and like Iron Condors or Iron Butterflies strategies.
Results:
If the square is red, it means that the selected deviation limits have been exceeded within the chosen times.
If the square is green, the price stayed within the pre-set limits.
A yellow circle marks the moment when the price leaves the range, either by the upper band or by the lower band.
In the last bar a label with the test results will be displayed.
Settings:
In the configuration there are three fields:
1. Deviation [%]: is the range in percentage that the price can move up or down from the start time to the end time.
2. Begin Time: is the time (in 24h or military format) where the process begins.
3. End Time: is the time (in 24h or military format) where the process ends.
Example:
* for the time 11:00 am, you must enter "1100"
* for the time 2:45pm, you must enter "1445"
Important:
The selected timeframe must be less than 1 hour and Extended Trading Hours in the lower left corner), otherwise the indicator may not show results.
Later I will make an improvement to solve these inconveniences.
Versionshinweise
Update 2/8/2023Adding:
* Dashboard in table
* Date and time in each box range
* Range changes in each box range
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun das Script auch andere Trader verstehen und prüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden. Die Nutzung dieses Codes in einer Veröffentlichung wird in unseren Hausregeln reguliert. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.
Haftungsausschluss
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