OPEN-SOURCE SCRIPT
High-Low Difference
The "High-Low Difference" indicator calculates the difference between the high and low prices within a specified period. In technical analysis, the high and low prices of an asset over a given period can provide valuable insights into the price volatility and trading range. By subtracting the low price from the high price, this indicator quantifies the range covered by price movements during the selected timeframe.
Understanding the high-low difference is essential for traders and analysts to gauge the volatility and potential price movements of an asset. A larger difference indicates higher volatility, implying greater price fluctuation within the chosen period. Conversely, a smaller difference suggests lower volatility, indicating relatively stable price movements.
Traders often use the high-low difference as part of their technical analysis toolkit to identify potential trading opportunities. For instance, a significant increase in the high-low difference may signal a breakout or increased market activity, prompting traders to adjust their trading strategies accordingly. Conversely, a narrowing high-low difference may indicate decreased volatility or a period of consolidation, suggesting potential price range-bound trading conditions.
Overall, the high-low difference serves as a simple yet valuable metric for understanding price volatility, identifying trading opportunities, and making informed decisions in the financial markets.
Understanding the high-low difference is essential for traders and analysts to gauge the volatility and potential price movements of an asset. A larger difference indicates higher volatility, implying greater price fluctuation within the chosen period. Conversely, a smaller difference suggests lower volatility, indicating relatively stable price movements.
Traders often use the high-low difference as part of their technical analysis toolkit to identify potential trading opportunities. For instance, a significant increase in the high-low difference may signal a breakout or increased market activity, prompting traders to adjust their trading strategies accordingly. Conversely, a narrowing high-low difference may indicate decreased volatility or a period of consolidation, suggesting potential price range-bound trading conditions.
Overall, the high-low difference serves as a simple yet valuable metric for understanding price volatility, identifying trading opportunities, and making informed decisions in the financial markets.
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。
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。