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The indicator shows the dynamics of the formation of the daily range in the form of a histogram, as well as the average value of the daily range for the specified period.

The indicator is a useful auxiliary tool for intraday traders.


  • N Day – the period for calculating the average value of the daily range.
  • Level Indefinite – the level of uncertainty.
  • Level Confidence – the level of confidence.
  • Level Alert – signal level. When it is crossed, an alert is issued.
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