The indicator highlights the specified period, taking into account the maximum and minimum prices. You can specify any period from 1 hour to 24 hours. It also optionally displays target levels when trading out of the range in any direction. The value of the target level is set as a percentage of the width of the previous range. The indicator is a development and extension of the free version.
It works on timeframes from M1 to H1. On the older ones, it issues a warning.
- Length in history – the depth of the history for displaying ranges
- Period Color – the color of the rectangle highlighting the range
- Start time of the range – start of the range
- End time of the range – end of the range
- Use target levels? – whether to display target levels
- true-display
- false – do not display
- Target Color – the color of the lines of the target levels
- Width of the Target Line – the thickness of the target level lines
- Target Level – the target level as a percentage of the width of the source range
- true-display
- false – do not display