The next version of the indicator based on the range of the previous day.

Takes into account the difference in time zones. By default, the broker’s time zone works.

It can work according to the time zones: Greenwich, broker or local.

It can be applied only on timeframes from H1 and below.

If the daily range of the new day is lower than the minimum, then the minimum from the ranges of the previous day is transferred symmetrically relative to the closing line of the previous day (optional, seeInput parameters).

Screenshot 1: the indicator works according to local time at a broker with a GMT 3 time zone.

Screenshot 2: the indicator works according to local time at a broker with a GMT-0 time zone.

• Minimum day range – The minimum daily range, if 0 is not used. (It is selected independently from the consideration that after a day with low volatility there should be a movement not less than the average)
• Time zone of the broker on GMT – The time zone of the broker (terminal) according to GMT (3 by default)
• Local time zone on GMT – The GMT time zone of the computer on which the terminal is installed (3 by default)
• Work time zone – In which time zone to work, options:
• GMT0 – the transition of the day will be made at 0 o’clock GMT;
• Local-the transition of the day will be made at 0 o’clock on the computer;
• Broker-the transition of the day will be made at 0 o’clock on the terminal;

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• GMT0 – the transition of the day will be made at 0 o’clock GMT;
• Local-the transition of the day will be made at 0 o’clock on the computer;
• Broker-the transition of the day will be made at 0 o’clock on the terminal;

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