at first thanks to the one and only Master EducatorStefan Kassing for sharing his legendary system with us! And also credit toMortdiggiddy, RootDuk and PineCoders for helping me with the script =)
This script is calculating the daily range (in pips) of the current market you are in, in relation to the last 70 days (10 weeks). It is used for a possible Take Profit in Stefan Kassing's System.
2. Go in the Chart & click the little arrow in the upper bar and then click "Daily Range", then the Daily Range appears in the top left corner -> i.imgur.com/fFl3W28.png
To avoid errors make sure to right-click the Y-Axis on the right side of the chart and then left-click "Scale Price Chart Only". -> i.imgur.com/2UVA86u.png
Also be aware that the daily range is only showing up, if you are in the daily time interval or below and you are not hovering with the cursor over the past candles respectively above or below them. If you are using this script in exotic currencypairs or uncommon other markets, the daily range can be incorrect or not showing up. So don't hesitate contacting me, then I will try to add the markets that you want to.
To change the color or the decimal places of the number, you can click the gear in the upper left corner. -> i.imgur.com/FA6Su7h.png
Happy Pips
릴리즈 노트
The calculation is done in relation to the last 50 days, not 70 days
릴리즈 노트
Fixed the calculation with crypto currencies
릴리즈 노트
- Changed the script to PineScript version 5 - Changed the calculation of the Daily Range - Added an input field that allows the user to modify the number of days used in the calculation of the Daily Range (the default is 50)
If there are any issues with this version, and you have improvement suggestions, please let me know.
진정한 TradingView 정신에 따라, 이 스크립트의 저자는 트레이더들이 이해하고 검증할 수 있도록 오픈 소스로 공개했습니다. 저자에게 박수를 보냅니다! 이 코드는 무료로 사용할 수 있지만, 출판물에서 이 코드를 재사용하는 것은 하우스 룰에 의해 관리됩니다. 님은 즐겨찾기로 이 스크립트를 차트에서 쓸 수 있습니다.