OPEN-SOURCE SCRIPT
Sideways Market Detector with High/Low NJR
Calculate the range as the difference between the high and low prices.
The maxRange input to specify the maximum allowable range that defines a sideways market.
The background color is set to blue during sideways market conditions, and it's transparent to some extent (transp=90). When the market is not sideways, the background color is not changed.
The indicator marks the start and end of the session with red triangles.
When the price range (high - low) is within the specified threshold, the indicator will indicate a sideways market with a blue background.
The maxRange input to specify the maximum allowable range that defines a sideways market.
The background color is set to blue during sideways market conditions, and it's transparent to some extent (transp=90). When the market is not sideways, the background color is not changed.
The indicator marks the start and end of the session with red triangles.
When the price range (high - low) is within the specified threshold, the indicator will indicate a sideways market with a blue background.
オープンソーススクリプト
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.
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。
オープンソーススクリプト
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.
免責事項
この情報および投稿は、TradingViewが提供または推奨する金融、投資、トレード、その他のアドバイスや推奨を意図するものではなく、それらを構成するものでもありません。詳細は利用規約をご覧ください。