[RS]Cumulative Average Price Grid
grid based on the cumulative average price.
on a sidenote: looks like im baned from chat for a week.
on a sidenote: looks like im baned from chat for a week.
study("[RS]CAP Grid", overlay=true)
c = cum(close)/(1+n)
h = cum(high)/(1+n)
l = cum(low)/(1+n)
factor = h - l
plot(c, color=black, linewidth=2)
plot(h, color=black, linewidth=2)
plot(h + factor, color=black, linewidth=2)
plot(h + factor * 2, color=black, linewidth=2)
plot(h + factor * 3, color=black, linewidth=2)
plot(h + factor * 4, color=black, linewidth=2)
plot(h + factor * 5, color=black, linewidth=2)
plot(l, color=black, linewidth=2)
plot(l - factor, color=black, linewidth=2)
plot(l - factor * 2, color=black, linewidth=2)
plot(l - factor * 3, color=black, linewidth=2)
plot(l - factor * 4, color=black, linewidth=2)
plot(l - factor * 5, color=black, linewidth=2)