OPEN-SOURCE SCRIPT
High-Low Bands
This is a simple but powerful indicator. It calculates (selectable) moving averages separately from high, low and close.
It can be used as support-resistance, trend or volatility indicator.
It can be used as support-resistance, trend or volatility indicator.
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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