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coinbook

Coinbook DB/TP/QD

coinbook  
High-Low Index
39
1
highlowindex
This script creates a line that is double yesterday's close in black.

If within the last 365 days the asset traded above the black line, it prints a silver line that is triple yesterday's close.
If within the last 365 days the asset traded above the silver line, it prints an olive line that is quadruple yesterday's close.
If within the last 365 days the asset traded above the olive line, it prints an orange line that is quintuple yesterday's close.

This script is connected with the Coinbook YouTube channel and is made available to anyone watching that video.
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.

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