PROTECTED SOURCE SCRIPT
Range
Range finder -- identify a range that price is likely to trade between
Range is calculated by adding/subtracting the average variance from a previous period's OHLC4;
setting examples:
[default]
(Average Daily Variance +/- the previous hour's OHLC4)
EMA -- # of Hours: 24
OHLC4 Period(in minutes): 60
(Average 3D Variance +/- the previous half day's OHLC4)
EMA -- # of Hours: 72
OHLC4 Period(in minutes): 720
(Average Weekly Variance +/- the previous day's OHLC4)
EMA -- # of Hours: 168
OHLC4 Period(in minutes): 1440
*for 24/7 markets,
for traditional markets & forex adjust the observed times accordingly
Range is calculated by adding/subtracting the average variance from a previous period's OHLC4;
setting examples:
[default]
(Average Daily Variance +/- the previous hour's OHLC4)
EMA -- # of Hours: 24
OHLC4 Period(in minutes): 60
(Average 3D Variance +/- the previous half day's OHLC4)
EMA -- # of Hours: 72
OHLC4 Period(in minutes): 720
(Average Weekly Variance +/- the previous day's OHLC4)
EMA -- # of Hours: 168
OHLC4 Period(in minutes): 1440
*for 24/7 markets,
for traditional markets & forex adjust the observed times accordingly
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