OPEN-SOURCE SCRIPT
Lyiness_Range-Bar-Identification
RBI
The indicator shows you the range bar as a channel and automatically draws it on the chart. The indicator adapts automatically to each chart time.
Using the drawing tool, draw the channel from the 4-hour diagram into the chart and switch to the 15-minute diagram to see a breakout there.
this gives you the strongest resistance and the strongest support line in the chart
The indicator shows you the range bar as a channel and automatically draws it on the chart. The indicator adapts automatically to each chart time.
Using the drawing tool, draw the channel from the 4-hour diagram into the chart and switch to the 15-minute diagram to see a breakout there.
this gives you the strongest resistance and the strongest support line in the chart
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.