[RS]Hurricane V0 — Indicator by RicardoSantos

range

EXPERIMENTAL:
'The Hurricane' :p

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

Want to use this script on a chart?

//@version=2
study(title='[RS]Hurricane V0', shorttitle='H', overlay=true)
rate = input(0.0001)
window = input(100)
h1 = highest(window)+highestbars(window)*rate
h2 = highest(window)-highestbars(window)*rate
l1 = lowest(window)-highestbars(window)*rate
l2 = lowest(window)+highestbars(window)*rate
p0 = plot(h1, color=red, linewidth=2)
p1 = plot(h2, color=maroon, linewidth=1)
p2 = plot(l1, color=lime, linewidth=2)
p3 = plot(l2, color=green, linewidth=1)
fill(p0, p1, color=red, transp=80)
fill(p2, p3, color=lime, transp=80)