Electrified

DailyDeviation

Library "DailyDeviation"
Helps in determining the relative deviation from the open of the day compared to the high or low values.

hlcDeltaArrays(daysPrior, maxDeviation, spec, res) Retuns a set of arrays representing the daily deviation of price for a given number of days.
  Parameters:
    daysPrior: Number of days back to get the close from.
    maxDeviation: Maximum deviation before a value is considered an outlier. A value of 0 will not filter results.
    spec: session.regular (default), session.extended or other time spec.
    res: The resolution (default = '1440').
  Returns: Where OH = Open vs High, OL = Open vs Low, and OC = Open vs Close

fromOpen(daysPrior, maxDeviation, comparison, spec, res) Retuns a value representing the deviation from the open (to the high or low) of the current day given number of days to measure from.
  Parameters:
    daysPrior: Number of days back to get the close from.
    maxDeviation: Maximum deviation before a value is considered an outlier. A value of 0 will not filter results.
    comparison: The value use in comparison to the current open for the day.
    spec: session.regular (default), session.extended or other time spec.
    res: The resolution (default = '1440').
Release Notes: v2
Pine library

In true TradingView spirit, the author has published this Pine code as an open-source library so that other Pine programmers from our community can reuse it. Cheers to the author! You may use this library privately or in other open-source publications, but reuse of this code in a publication is governed by House Rules.

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