The script we've been working on is an indicator designed to display the high-low range of the last candlestick on a TradingView chart. It does so by plotting two lines: one for the high and another for the low of the last completed candlestick.
Additionally, the script includes a label that shows the numerical value of the high-low range. This label is positioned between the plotted lines, showing the difference between the high and low prices of the last candlestick.
The script operates in real-time, updating dynamically as new candlesticks form. Furthermore, it automatically removes the label after the close of the candlestick, maintaining a clean and clutter-free chart.
This indicator can help traders quickly visualize and assess the range of the last completed candlestick, aiding in their analysis of price action.