OPEN-SOURCE SCRIPT

NR4 & NR7 Indicator

Displays narrow range candles.Can adjust the input value to any period to look back.Ideal to use in daily and weekly time frame. Look out for clusters of NR candles depicting volatility contraction, and subsequent volatility expansion can be look forward to. The code is written by Rounak ST of Trade with trend.
Support and ResistanceTrend AnalysisVolatility

開源腳本

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