Open Drive

If the day opened with an Open Drive it will color the first bar of the day in a specified color.
A quick visual check of where Open Drives have occurred.

An Open Drive is when the first 30min period of the day also marked the high or low of that 30min period.
i.e. the day started with a sign of strength.
Release Notes: I noticed a bug in this script. It only colors the bar when there is an Open Drive AND the Open Drive was the high or low of the entire day.
I will come back to this later
Release Notes: Partially fixed.

It now correctly identifies all open drives, but it will only color the bar when viewing on the 30min chart.
I will see if I can fix that
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.

Want to use this script on a chart?


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