PROTECTED SOURCE SCRIPT
Price Range Tracker by sma

Price Range Tracker by sma helps traders quickly visualize the current price’s position within a custom price range.
It calculates and displays the highest, lowest, and average price levels over a user-defined period (default: 50 bars).
What it does:
Draws dynamic horizontal lines for the maximum, average, and minimum price levels within the chosen period.
Shows labels next to each level, indicating how far they are from the current price in percentage terms.
Helps traders spot overbought/oversold conditions and potential range breakouts.
How to use:
Adjust the period to fit your timeframe and asset volatility.
Use the percentage distances to assess potential upside/downside from the current price.
Combine with your existing trend or reversal strategies for clearer decisions.
Colors and label distance can be customized to match your chart style.
It calculates and displays the highest, lowest, and average price levels over a user-defined period (default: 50 bars).
What it does:
Draws dynamic horizontal lines for the maximum, average, and minimum price levels within the chosen period.
Shows labels next to each level, indicating how far they are from the current price in percentage terms.
Helps traders spot overbought/oversold conditions and potential range breakouts.
How to use:
Adjust the period to fit your timeframe and asset volatility.
Use the percentage distances to assess potential upside/downside from the current price.
Combine with your existing trend or reversal strategies for clearer decisions.
Colors and label distance can be customized to match your chart style.
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
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。
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
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。