This indicator helps you find current percentage price position between lowest and highest recorded price within a day (today). Also N-day low-high average (Standard Moving Average) obtained for previous days is present to check how today’s price range vary from average. You can set how many days should be included in the average counting from yesterday or from today.
Parameters:
Start from yesterday – If true, calculate N-day low to high average from yesterday, otherwise from today
Day period – How many days should be included in average
Position on chart – Set position on the chart corner (“Fixed label at the chart corner” must be true)
Fixed label at the chart corner – If false, label will be attached to price line