soru

soru range

32
As usual - play with the settings.

Cheers
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

Want to use this script on a chart?
study(title="soru range", shorttitle="soru range", overlay=true) 

y=ismonthly?'M':isweekly?'W':isdaily?'D':''
m = input(55)
TW1 = tostring(interval*m)+y

base_lvl1 = (hlc3) *2
baselow1 = base_lvl1 - high
basehigh1 = base_lvl1 - low
base_lvl2 = (ohlc4) *2
baselow2 = base_lvl2 - high
basehigh2 = base_lvl2 - low

//TW1 
TW1_base_lvl1 = security(tickerid, TW1, base_lvl1[1]) 
TW1_baselow1 = security(tickerid, TW1, baselow1[1]) 
TW1_basehigh1 = security(tickerid, TW1, basehigh1[1]) 
TW1_base_lvl2 = security(tickerid, TW1, base_lvl2[1]) 
TW1_baselow2 = security(tickerid, TW1, baselow2[1]) 
TW1_basehigh2 = security(tickerid, TW1, basehigh2[1]) 

TW1_color_low1 = close < TW1_baselow1 ? red : black
TW1_color_high1 = close > TW1_basehigh1 ? #008000 : black
TW1_color_low2 = close < TW1_baselow2 ? red : black
TW1_color_high2 = close > TW1_basehigh2 ? #008000 : black

l1 = plot(TW1_baselow1 ? TW1_baselow1 : na, title="Projected Low1 TW1",style=circles, color=TW1_color_low1 ,linewidth=1, transp=100) 
h1 = plot(TW1_basehigh1 ? TW1_basehigh1 : na, title="Projected High1 TW1",style=circles, color=TW1_color_high1 ,linewidth=1, transp=100) 
l14 = plot(TW1_baselow2 ? TW1_baselow2 : na, title="Projected Low2 TW1",style=circles, color=TW1_color_low2 ,linewidth=1, transp=100) 
h14 = plot(TW1_basehigh2 ? TW1_basehigh2 : na, title="Projected High2 TW1",style=circles, color=TW1_color_high2 ,linewidth=1, transp=100)
fillcol1=black
fill(l1,l14,color=fillcol1, transp=60)
fill(h1,h14,color=fillcol1, transp=60)

l = TW1_baselow1 < TW1_baselow2 ? TW1_baselow1 : TW1_baselow2
h = TW1_basehigh1 > TW1_basehigh2 ? TW1_basehigh1 : TW1_basehigh2


m1 = plot((TW1_baselow1+TW1_basehigh1)/2, title="Projected Low1 TW1",style=circles, color=TW1_color_low1 ,linewidth=1, transp=100) 
m2 = plot((TW1_baselow2+TW1_basehigh2)/2, title="Projected Low1 TW1",style=circles, color=TW1_color_low1 ,linewidth=1, transp=100) 

fill(m1,m2,color=gray)