OPEN-SOURCE SCRIPT
已更新 Auto-Calculated Pivot Line/Zone (Based on Time Range)
Automatically Calculated Pivot Line/Zone
Harness the power of precision with this Custom Time Range Average Line indicator—designed to pinpoint key equilibrium and pivot levels within consolidation zones after a breakout. Select any start and end time to capture the critical price action shaping the market structure between swings, and calculate the true average price using your choice of open, close, high, low, or midpoint.
Once the defined period concludes, the indicator freezes the average and extends it forward as a clear horizontal ray, acting as a powerful reference for fair value and market balance. This dynamic line shines brightest within consolidation phases, helping traders identify pivot points and equilibrium zones that often serve as magnets for price after a breakout.
Customize the line width to suit your style—use a thinner line width input for a precise single average line, or increase the width to visually represent a broader range or zone. Fully adjustable line color and thickness options ensure this tool integrates seamlessly into any chart setup.
Elevate your trading edge by visualizing the hidden balance points between market swings—turning consolidation chaos into clear, strategic opportunities!
Harness the power of precision with this Custom Time Range Average Line indicator—designed to pinpoint key equilibrium and pivot levels within consolidation zones after a breakout. Select any start and end time to capture the critical price action shaping the market structure between swings, and calculate the true average price using your choice of open, close, high, low, or midpoint.
Once the defined period concludes, the indicator freezes the average and extends it forward as a clear horizontal ray, acting as a powerful reference for fair value and market balance. This dynamic line shines brightest within consolidation phases, helping traders identify pivot points and equilibrium zones that often serve as magnets for price after a breakout.
Customize the line width to suit your style—use a thinner line width input for a precise single average line, or increase the width to visually represent a broader range or zone. Fully adjustable line color and thickness options ensure this tool integrates seamlessly into any chart setup.
Elevate your trading edge by visualizing the hidden balance points between market swings—turning consolidation chaos into clear, strategic opportunities!
版本注释
New mode added- high and low. This can be used to define a full zone for a given range. 开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。