OPEN-SOURCE SCRIPT
Opening High Low Lines
This code calculates the maximum and minimum opening prices over a specified length and plots them on the chart. It also draws lines on the opening prices and plots the result. The security() function is used to draw the lines, with the "D" argument specifying that the lines should be drawn on daily bars.
Please note that this code is for illustration purposes only and does not guarantee any profit. It's important to thoroughly backtest and analyze any trading strategy before using it with real money.
Please note that this code is for illustration purposes only and does not guarantee any profit. It's important to thoroughly backtest and analyze any trading strategy before using it with real money.
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 publication is governed by House rules. You can favorite it to use it on a chart.
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