Time Candle Range History

12 Feb

The 'Intraday Candle Range Average' indicator is designed to provide traders with insights into the average price range of intraday candles, specifically focusing on the period around 9:30 AM. By calculating the difference between the high and low of candles occurring at 9:30 AM, the indicator offers a dynamic view of market volatility during this critical time window. Users can customize parameters such as the number of days to consider for the average calculation, allowing for flexibility in analyzing short-term price movements. Additionally, the indicator offers a clear visualization of the current candle range compared to the historical average, aiding traders in identifying potential trading opportunities based on volatility patterns. Whether used independently or in conjunction with other technical analysis tools, the 'Intraday Candle Range Average' indicator empowers traders with valuable insights into intraday market dynamics.