Artharjan Day Trading Range

Hi,

I have created Artharjan Day Trading Range indicator that plots the Intraday Trading Range for the day based on past 5 Days ATR value and takes 50% of that value and plots it above and below the current day's opening price. If current day close crosses above the Upper Level then we may see a Bullish trend otherwise Bearish trend can be seen. If the price trades between these two levels then options writers can write the Call options above Upper Level and Put options below Lower Levels.

I hope traders would love to use this script for trading Options.

Regards
Rrahul Desai
Artharjan