OPEN-SOURCE SCRIPT

R Dominante by Mata (CRT Madre + CRT Interior)

197
Dominant Range (Green + Red + Outstanding Lines)

This script automatically identifies the dominant parent candle (CRT – Candle Range Theory) and draws its range with a green box. It also allows you to create independent red parent candles that function autonomously.

Main Features:

Main Green Box: Represents the dominant parent candle, following the actual CRT:

It is activated and remains active while the price reaches the extremes.

It is only invalidated if there is a close outside the range.

It is automatically deactivated when it reaches both extremes (high and low).

Independent Red Box: Detects ranges independent of the green box and is deactivated when both extremes are reached.

Fully Automatic: No manual range adjustments required.

Configuration: Adjust the transparency of the boxes and the maximum number of bars to review.

Recommended Use:

Ideal for traders who apply Candle Range Theory (CRT).

Allows for clear identification of dominant and secondary ranges.

Useful for determining touch points of extremes and planning strategic entries and exits.

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