Daily Range System

Oleh mfeldt
An indicator that visualizes the evolution of a daily candle, inspired by a thread on forexfactory: forexfactory.com/showthread.php?t=743125
Applied on a timeframe lower than D (actually lower than H4), it visualizes the evolution of the day's high and low, as well as mid and 25% and 75% lines.
The sole input parameters are the hour at which a day is supposed to start, and the extent of the "trade allowed" region as explained in the FF thread.
Beyond Technical AnalysisTechnical Indicators

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