OPEN-SOURCE SCRIPT
Updated Maximum Bar Range in Ticks
This is a simple indicator that gives the maximum range of any bar on the chart in ticks. I found it useful when sizing arrays and it might also be valuable when working out risk parameters.
Release Notes
Plots the maximum range in ticks of any bar on the chart. Useful for sizing arrays for example when storing volume at price. Might have utility for risk and sizing calculations.
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.
Want to use this script on a chart?
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.