Red zones - Red zones are formed daily
10 days average ranges
Blue zones - Blue zones are formed every week
10 weeks average ranges
Green zones - Green zones are formed every month
10 months averange ranges
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.