OPEN-SOURCE SCRIPT

SKYROCKET | CBDR Range

由adelghaeinian提供

已更新

It will visualize ranges considering the distance of the high and low of the range.

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- Close to close mode is available now!

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Repeats each day!

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Updating the range style (you requested)

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Added Timezone UTC Offset option as many people requested. To use that, open settings and adjust the Timezone Hour and Minutes offset from UTC.

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New Enhancements:

Overnight Range Support: Thanks to valuable feedback from Barnyard2106, the indicator now correctly handles ranges that span over midnight. Users can define a range starting late in one day and ending early in the next, such as from 21:00 to 04:00, and the indicator will accurately plot throughout the entire period.

Close to Close Calculation: The 'Close to Close' feature has been fixed. When selected, the indicator will consider the highest and lowest closing prices within the specified range to plot the levels. This is particularly useful for traders focusing on closing price dynamics.

Instructions for Use:
Set the start and end times for your desired range. If your range ends on the next day, simply set the end time to the appropriate value (e.g., Start: 23:00, End: 03:00), and the indicator will handle it seamlessly.
Adjust the time-zone difference based on your desired time-zone.
Select 'Close to Close' if you wish to calculate the range based on closing prices.