PROTECTED SOURCE SCRIPT
Narrowest N Bars
The indicator is inspired by Toby Crabel's work.
Originally 2-Bar NR pattern is defined as the narrowest range from high to low of any two day period relative to any two day period within the previous 20 market days.
However, this script allows user to look for N Bar narrowest range within user defined numbers of previous days
Settings are as follows:
1. N Bars - sets number of bars in range
2. Lookback period is self-descriptive)
The last bar in the narrowest range is marked with N
Originally 2-Bar NR pattern is defined as the narrowest range from high to low of any two day period relative to any two day period within the previous 20 market days.
However, this script allows user to look for N Bar narrowest range within user defined numbers of previous days
Settings are as follows:
1. N Bars - sets number of bars in range
2. Lookback period is self-descriptive)
The last bar in the narrowest range is marked with N
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.