OPEN-SOURCE SCRIPT
HL range by durga
The script we've been working on is an indicator designed to display the high-low range of the last candlestick on a TradingView chart. It does so by plotting two lines: one for the high and another for the low of the last completed candlestick.
Additionally, the script includes a label that shows the numerical value of the high-low range. This label is positioned between the plotted lines, showing the difference between the high and low prices of the last candlestick.
The script operates in real-time, updating dynamically as new candlesticks form. Furthermore, it automatically removes the label after the close of the candlestick, maintaining a clean and clutter-free chart.
This indicator can help traders quickly visualize and assess the range of the last completed candlestick, aiding in their analysis of price action.
Additionally, the script includes a label that shows the numerical value of the high-low range. This label is positioned between the plotted lines, showing the difference between the high and low prices of the last candlestick.
The script operates in real-time, updating dynamically as new candlesticks form. Furthermore, it automatically removes the label after the close of the candlestick, maintaining a clean and clutter-free chart.
This indicator can help traders quickly visualize and assess the range of the last completed candlestick, aiding in their analysis of price action.
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
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