cristian.d

CD DeMark Range Expansion V1

Filled support resistance zones for better visualization.
Remove from Favorite Scripts Add to Favorite Scripts
//Created by CristianD
study(title="CD DeMark Range Expansion V1", shorttitle="CD DeMark Range Expansion V1", overlay=true) 
sr = input(true, title="Show Daily Range")

range = high - low

// Daily line breaks
sopen = security(tickerid, "D", open)

a=range[1]*0.382
b=range[1]*0.618
h=sopen+a
h1=sopen+b
l=sopen-a
l1=sopen-b


// Color
hcolor=sopen != sopen[1] ? na : maroon
hcolor1=sopen != sopen[1] ? na : red
lcolor=sopen != sopen[1] ? na : green
lcolor1=sopen != sopen[1] ? na : lime


//Daily Range
highrange1 = security(tickerid, 'D', h) 
highrange2 = security(tickerid, 'D', h1) 
lowrange1 = security(tickerid, 'D', l) 
lowrange2 = security(tickerid, 'D', l1) 


offs_daily = 0
H1=plot(sr and highrange1 ? highrange1 : na, title="Daily High1",color=hcolor, linewidth=1)
H2=plot(sr and highrange2 ? highrange2 : na, title="Daily Daily High2", color=hcolor1, linewidth=1)
L1=plot(sr and lowrange1 ? lowrange1 : na, title="Daily Low1",color=lcolor, linewidth=1)
L2=plot(sr and lowrange2 ? lowrange2 : na, title="Daily Daily Low2", color=lcolor1, linewidth=1)

fill(H1,H2,color=lime)
fill(L1,L2,color=maroon)


United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out