Mr.Snake Chanell MTPL — Indicator by Patrik

Hello!
Found Mr. Snakes Channell and I added the red average channells and multiple channells.
This idea is to find out where it all ends up in a dayrange with help from 720 , 360, 180 , 90 minutes,

Green is upper channell
Blue is lower channell
Red is average of blue and red
Linewidth is 1-5 to see the difference of ranges

I also added an yellow dot to see the "average of the average".

Maybe someone can add an calculation of the percentage in the ranges, in someway to find out probability where it goes.

Open-source script

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Want to use this script on a chart?

study("Mr.Snake Chanell MTPL", overlay=true)


Mr_Snake_Chanelli = input('1440')
M_HIGH = security(tickerid, Mr_Snake_Chanelli, high)
M_LOW = security(tickerid, Mr_Snake_Chanelli, low)
plot(M_HIGH, color=M_HIGH != M_HIGH[1] ?na:green, style=line, linewidth=1)
plot(M_LOW, color=M_LOW != M_LOW[1] ?na:blue, style=line, linewidth=1)


MRAVERAGE=(M_HIGH+M_LOW)/2
plot(MRAVERAGE, color=M_HIGH != M_HIGH[1] ?na:red, style=line, linewidth=1)

Mr_Snake_Chanell1 = input('720')
M_HIGH1 = security(tickerid, Mr_Snake_Chanell1, high)
M_LOW1 = security(tickerid, Mr_Snake_Chanell1, low)
plot(M_HIGH1, color=M_HIGH1 != M_HIGH1[1] ?na:green, style=line, linewidth=2)
plot(M_LOW1, color=M_LOW1 != M_LOW1[1] ?na:blue, style=line, linewidth=2)


MRAVERAGE1=(M_HIGH1+M_LOW1)/2
plot(MRAVERAGE1, color=M_HIGH1 != M_HIGH1[1] ?na:red, style=line, linewidth=2)

Mr_Snake_Chanell2 = input('360')
M_HIGH2 = security(tickerid, Mr_Snake_Chanell2, high)
M_LOW2 = security(tickerid, Mr_Snake_Chanell2, low)
plot(M_HIGH2, color=M_HIGH2 != M_HIGH2[1] ?na:green, style=line, linewidth=3)
plot(M_LOW2, color=M_LOW2 != M_LOW2[1] ?na:blue, style=line, linewidth=3)
MRAVERAGE2=(M_HIGH2+M_LOW2)/2

plot(MRAVERAGE2, color=M_HIGH2 != M_HIGH2[1] ?na:red, style=line, linewidth=3)

Mr_Snake_Chanell3 = input('180')
M_HIGH3 = security(tickerid, Mr_Snake_Chanell3, high)
M_LOW3 = security(tickerid, Mr_Snake_Chanell3, low)
plot(M_HIGH3, color=M_HIGH3 != M_HIGH3[1] ?na:green, style=line, linewidth=4)
plot(M_LOW3, color=M_LOW3 != M_LOW3[1] ?na:blue, style=line, linewidth=4)


MRAVERAGE3=(M_HIGH3+M_LOW3)/2
plot(MRAVERAGE3, color=M_HIGH3 != M_HIGH3[1] ?na:red, style=line, linewidth=4)

Mr_Snake_Chanell4 = input('90')
M_HIGH4 = security(tickerid, Mr_Snake_Chanell4, high)
M_LOW4 = security(tickerid, Mr_Snake_Chanell4, low)
plot(M_HIGH4, color=M_HIGH4 != M_HIGH4[1] ?na:green, style=line, linewidth=5)
plot(M_LOW4, color=M_LOW4 != M_LOW4[1] ?na:blue, style=line, linewidth=5)


MRAVERAGE4=(M_HIGH4+M_LOW4)/2
plot(MRAVERAGE4, color=M_HIGH4 != M_HIGH4[1] ?na:red, style=line, linewidth=5)




Mr_Snake_Chanell5 = input('5')
M_HIGH5 = security(tickerid, Mr_Snake_Chanell5, high)
M_LOW5 = security(tickerid, Mr_Snake_Chanell5, low)
plot(M_HIGH5, color=M_HIGH5 != M_HIGH5[1] ?na:black, style=line, linewidth=0)
plot(M_LOW5, color=M_LOW5 != M_LOW5[1] ?na:black, style=line, linewidth=0)


MRAVERAGE5=(M_HIGH5+M_LOW5)/2
plot(MRAVERAGE5, color=M_HIGH5 != M_HIGH5[1] ?na:black, style=line, linewidth=0)

MRAVERAGEaverage=(MRAVERAGE+MRAVERAGE1+MRAVERAGE2+MRAVERAGE3+MRAVERAGE4+MRAVERAGE5)/6
plot(MRAVERAGEaverage, color=yellow, style=circles, linewidth=2)