A simple, unobtrusive indicator that can be used on any timeframe to display the 52 week high/low values.
- Works on any timeframe.
- Unobtrusive: Simple horizontal lines showing only the current 52 week values.
- Allows the user to select whether to calculate the 52-week values from candle close values or the respective highs/lows.
For full overview and code commentary - Visit the backtest-rookies website.
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.