NeoButane

% Range [NeoButane]

A range based on a user chosen top and bottom. With that the:

  • Middle of range
  • +/- 0.25% / 0.5% / 1% away from middle of the range
  • +/- 0.5% / 1% away from range top and range bottom

are given.

A list of my premium indicators: medium.com/@NeoButan...rs-list-d89695cc7a06

Below are some examples of how a range can be chosen:



Another way is choosing a higher timeframe candle that encapsulates most of the trading range.

My published indicators: www.tradingview.com/u/NeoButane/

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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.

Want to use this script on a chart?