OPEN-SOURCE SCRIPT

Find Highest, Lowest, and 50% Value Bars

The Time Range Max Min Indicator is a powerful tool designed to analyze price data within a specific time frame.

This indicator allows traders and analysts to identify the maximum and minimum price levels that occurred during a user-defined time range.

It provides valuable insights into price volatility and helps traders make informed decisions by pinpointing key support and resistance levels.

The Time Range Max Min Indicator also calculates the midpoint or 50% level within the selected time frame, aiding in trend analysis and potential reversal points.

Its user-friendly interface makes it easy to customize time intervals, ensuring flexibility in your analysis.

This indicator is indispensable for day traders, swing traders, and investors looking to optimize their entry and exit strategies.

By visualizing the price extremes and central tendency, it enhances overall market awareness and risk management.

Utilize this tool in conjunction with other technical indicators to fine-tune your trading strategies.

With its real-time updating capabilities, it provides dynamic insights into changing market conditions.

Whether you're a novice or an experienced trader, the Time Range Max Min Indicator is an essential addition to your technical analysis toolkit, helping you navigate the markets with precision.
Candlestick analysis

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.

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