OHLC EXTENSIONS OF CUSTOM RANGE TIMEFRAME CANDLES

Allow levels to be anchored for a custom number of bars on a custom timeframe. Price run through ranges on the daily, if it’s not a new historical high, it’s in a range. That’s a fact. Allowing us to have those OHLC levels print as lines on a lower time frame will give us an idea of the range we can play out especially for the more longer term trades. You want better R:R, know the range and know invalidation of that setup and this is the indicator to do that. Eg: PA shows loss of prev day close with the rest of previous day candle low far down. Knowing that will allow you to have an end target (low of the prev day candle) and support along the way (4H lows/ 1H lows)

simple concept.

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Upvoters
Status

In Review

Board

💡 Feature Request

Tags

Indicators

Date

Over 1 year ago

Author

goldeneraprofits

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