Indicators: High/Low indicator for a predefined period

 

High/Low indicator for a predefined period:

This indicator can show you the weekly/daily/hourly/... progress on a lower timeframe. High, low, middle and/or open-lines can be configured individually.

Daily progress on a 5 minute chart

Author: Tom Van Loy

 

Simple, clean, and powerful.  And free!  TVL just became my first stop when I need to see how something is done right or I need a tool and don't have the time to grind through writing the code myself.

This indicator shows ranges and expansion and contraction cycles in a way that is super clear and efficient.  I'll be calling it from my own EA to keep my expert out of the tight, choppy conditions that are lethal to my favorite strategy.

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