Test: range mapping

just a wild experiment..
mapping the average range break points to find natural hubs of support and resistance?!
Catatan Rilis: fixed some issues, thanks lonesometheblue for spoting my oversight :)
Catatan Rilis: following on mks17 idea, added weight to the price levels. changed style from arrows to L shapes.
Hilangkan dari Skrip-Skrip Favorit Tambahkan ke Skrip-Skrip Favorit


sure but youll need to lower the detection rate or you get error..
at every candle it will backtrack to the point were the average range is broken by candle true range(or a big candle larger than average)..
those points should result in SR levels, but that is theory only :)
+2 Jawab
TradeBuddy2019 RicardoSantos
ok so where would you enter and exit with your indicator?
will this work on regular or HA candles too?
and can you elaborate more about the script
+1 Jawab
can you give a detail explaination on when to enter and exit a long short on this indicator using REG or HA candles please???
Yet again another smart script...keep going bro, your gonna reach the moon one day.
wow I like it really much! what about adding a filter that has to have more than i.e. 4 lines connecting to it and then draw a big point if it does to see it better?
You changed your profile pic!
what a neat but powerful script! thanks for sharing!
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