Daily 50 per cent (High Low Dinamic)

📊 Daily 50% Mid – Dynamic High/Low
🔎 Description

The Daily 50% Mid is a clean and objective indicator that plots the daily equilibrium level, calculated as 50% of the distance between the daily high and daily low.

Unlike static levels, this indicator is fully dynamic: as new daily highs or lows are formed, the 50% level is recalculated in real time throughout the trading session.

⚙️ How it works

Automatically detects:

📈 Daily High

📉 Daily Low

Calculates the daily midpoint:

(
𝐷
𝑎
𝑖
𝑙
𝑦

𝐻
𝑖
𝑔
ℎ
+
𝐷
𝑎
𝑖
𝑙
𝑦

𝐿
𝑜
𝑤
)
/
2
(Daily High+Daily Low)/2

Continuously updates the levels while the trading day is in progress.

📐 What the indicator plots

🔴 Daily High line

🟢 Daily Low line

🟡 50% of the Daily Range (Daily Mid) line

🎯 Trading applications

The 50% daily midpoint is widely used as:

A daily balance / equilibrium zone

A pullback level in trending days

A rejection area in range-bound markets

A confluence level with:

VWAP

Daily open

Volume Profile

Price structure

⏱️ Recommended timeframes

Designed for intraday charts
(1m, 5m, 15m, etc.)

Ideal for day trading

Not recommended for daily charts

🧠 Notes

Works on any asset (indices, stocks, forex, crypto)

Automatically resets at the start of each trading day

No future repainting