OPEN-SOURCE SCRIPT
ka66: Period-Bounded High/Low Lines
Indicator: Period-Bounded High/Low Lines
There's a few similar ones on TradingView already (as expected), nothing particularly special about this, was just fun to write the logic for it, and understand how it might be used to trade.
Interestingly, I just came across the idea from watching Adam Grimes' Chartschool video, "Anticipating Intraday Action":
youtube.com/watch?v=NdLCt1BoWp0
Thought it was pretty neat. Use the "Daily" bound (default) with intra-day interval charts to get the same effect as in the video.
Now, to watch the video for its actual purpose. ;-)
There's a few similar ones on TradingView already (as expected), nothing particularly special about this, was just fun to write the logic for it, and understand how it might be used to trade.
Interestingly, I just came across the idea from watching Adam Grimes' Chartschool video, "Anticipating Intraday Action":
youtube.com/watch?v=NdLCt1BoWp0
Thought it was pretty neat. Use the "Daily" bound (default) with intra-day interval charts to get the same effect as in the video.
Now, to watch the video for its actual purpose. ;-)
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.