OPEN-SOURCE SCRIPT

Sideways Market Detector with High/Low NJR

8 696
Calculate the range as the difference between the high and low prices.

The maxRange input to specify the maximum allowable range that defines a sideways market.

The background color is set to blue during sideways market conditions, and it's transparent to some extent (transp=90). When the market is not sideways, the background color is not changed.

The indicator marks the start and end of the session with red triangles.

When the price range (high - low) is within the specified threshold, the indicator will indicate a sideways market with a blue background.

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。