sujaybawaskar

Congestion Detector

This script detects price action congestion. These congestions are marked on chart itself.
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This script is published closed-source and you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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thank you very much!
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study(title = "Congestion Detector", overlay = true)

congestionCheck = ( close > low and close < high) and ( close > low and close < high) and ( close > low and close < high)
bgcolor(color = congestionCheck? orange : na, transp=80)
bgcolor(color = congestionCheck? orange : na, transp=80, offset=-1)
bgcolor(color = congestionCheck? orange : na, transp=80, offset=-2)
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Very Nice
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