PROTECTED SOURCE SCRIPT

% Range [NeoButane]

A range based on a user chosen top and bottom. With that the:

  • Middle of range
  • +/- 0.25% / 0.5% / 1% away from middle of the range
  • +/- 0.5% / 1% away from range top and range bottom


are given.

A list of my premium indicators: medium.com/@NeoButane/trading-view-indicators-list-d89695cc7a06

Below are some examples of how a range can be chosen:
snapshot

snapshot

snapshot

Another way is choosing a higher timeframe candle that encapsulates most of the trading range.
Candlestick Analysiseaseofuseneobutanepercentrange

Protected script

This script is published closed-source and you may privately use it freely.

Want to use this script on a chart?


My published indicators: tradingview.com/u/NeoButane/

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)
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