OPEN-SOURCE SCRIPT
Updated HL-Average
This script extracts the highest price "ta.highest" and lowest price "ta.lowest" over a period of time, obtains the average value "array.avg" and plots it on a chart. At the same time, it also plots high and low prices, so you can use the volatility over a period of time and its center point as a reference for trading. The pine code is as simple as possible, so there is no difficulty. You can also change the period. We sincerely hope that this script will help you in your trading.
Release Notes
This script extracts the highest price "ta.highest" and lowest price "ta.lowest" over a period of time, obtains the average value "array.avg" and plots it on a chart. At the same time, it also plots high and low prices, so you can use the volatility over a period of time and its center point as a reference for trading. The pine code is as simple as possible, so there is no difficulty. You can also change the period. We sincerely hope that this script will help you in your trading.Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.