OPEN-SOURCE SCRIPT

Previous Day and Week Ranges

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I've designed the "Previous Day and Week Ranges" indicator to enhance your trading strategy by clearly displaying daily and weekly price levels. This tool shows Open-Close and High-Low ranges for both daily and weekly timeframes directly on your trading chart.

Key Features:

Potential Support and Resistance: The indicator highlights previous day and week ranges that may serve as key support or resistance levels in subsequent trading sessions.
Customizable Display Options: Offers the flexibility to show or hide daily and weekly ranges based on your trading needs.
Color Customization: Adjust the color settings to differentiate between upward and downward movements, enhancing visual clarity and chart readability.

This indicator is ideal for traders aiming to understand market dynamics better, offering insights into potential pivot points and zones of price stability or volatility.

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Minor bug fix

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Changelog

Significant code refactor for faster execution.
Visualizes open-close and high-low values as labels with tooltips for the previous day and week.
Plots lines and labels for the Point of Control (POC) of the previous day and week.

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New functions and type:

Introduced RangeColors type for improved color management.
renderLine function for easier creation and updating of lines.
copyAndClear method to handle data copy and clearing between BarArrays.

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nothing important

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Added max_bars_back that sets the maximum number of bars that is available for historical reference to prevent cache issue

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Fixed issue with lines not being redrawn correctly by using persistent variables for line objects.

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max_bars_back fixed

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Change log:

Updated color scheme
Added transparency to fill color
getPoc() function changed

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Change log:

getPoc() function uses math.floor now

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Chart update

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Added new Method to
Initializes the arrays within the `BarArrays` instance to empty arrays.

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Rolling back to the previous version, the method for BarArrays object init has been removed

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Changes to getPoc() Function:

Proportion Logic Implementation: Added detailed volume allocation logic for full, partial, and complete slot overlaps.
Data Validation: Included checks to handle empty data sets.
Enhanced Index Bounds Validation: Improved index bounds validation for consistent calculations.

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added Value Area High (VAH), and Value Area Low (VAL) calculation and plots

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Added previous Month OHLC levels
Added a runtime error to verify timeframe validity and the presence of volume data

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Added new Custom Type for set of Lines

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Added line descriptions with the option to display Text Label, Value, or both

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Refactored and optimized the `getPocVahVal()` function for improved computational efficiency.

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Made minor adjustments and optimized the code to improve volume profile calculation speed.

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Added:

label offset
current vwap

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Added another Addon:
- session volume profile PoCs (historical Pocs)
- naked / untapped Pocs

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Had to revert the nPoc rendering. It will be included in the next update after resolving the issue.

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New Addon: Added Session Volume Profile (SVP) and rendering of the Nearest Naked (untapped) Point of Control.

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Displays Session Volume Profiles (SVP) with the nearest naked Points of Control (PoC) above and below the current price.

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Enhancements:

markVisitedPocs(): Improved logic to mark Point of Control (PoC) lines as visited. The function now iterates through PoC levels more efficiently, updating the line color and marking the PoC as not naked when it falls within the current bar’s high and low range.
selectNakedPOCs(): Enhanced functionality to select the last two naked PoC levels, one above and one below the current close. The function now handles edge cases and ensures accurate selection of PoC levels, improving overall reliability and performance.

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Fixed an issue where the Previous Day POC was naked and resulted in two lines being plotted. Now, only a single line is displayed without overlaps.

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Resolved overlapping of daily, weekly, and monthly lines.

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Improved lines and labels rendering

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renderLine function optimized