What the Code Does 1. **Draws Lines and Labels**: - It draws lines on your chart to show the high, low, open, and close prices from the previous period (like the previous day or week). - It also labels these lines with numbers that tell you how far the current price is from these levels. 2. **Shows Price Movement**: - You can see how far the price has...
When you're on a lower timeframe, it's important to know which timeframes are starting/ending. Timeframe Marker will display a bars that stack notifying you of your chosen timeframes. For example, if you're on the one minute chart or another low timeframe, you'll be aware of the larger timeframes are about to begin or start. It's always good to select the...
Have you ever wondered if you are trading at the right time of the day or feel like all the good trades happen when you are sleeping? Well now you can check your theory :) This Script allows you to highlight a time range on your chart over a 24hour time period. For example 3AM to 6AM The script has two time variables, set your start time and end time based on a...
This is a useful conjunction of volume and volatility together in one script, so I named it a blended name! It can show the diagram of: - Volume - Volume Variation (Volume - Past Volume) - Volume Density (Volume / (High - Low)) - Volatility in combination with the aforesaid ones It also offers two concepts of bar colorizing, by using the size of the bars or by...