BTIC Range Midpoints

19 thg 2

This code analyzes and displays price ranges from 15:15-15:44 ET, the Basis Trade at Index Close session.
It draws horizontal lines showing:

The high of each session
The low of each session
The midpoint (50%) of each session
Connections between different session ranges (50% points between highs and lows)


Key features include:

Works only on 15-minute timeframes or lower
Stores up to 20 days of historical sessions (configurable)
Filters out ranges too far from current price
Color-codes different session ranges
Provides customizable line styles and colors
Labels each range with identifiers

The indicator essentially helps traders identify important price levels from BTIC sessions, which could serve as potential support/resistance areas for future price action.

18 thg 3

Phát hành các Ghi chú

Added label size customization, label type, and lengthened the midpoint lines.

21 thg 3

Phát hành các Ghi chú

Updated script so that the newest range is labeled as range 1 and the ranges are numbered in order of increasing age.

12 thg 5

Phát hành các Ghi chú

Updated so that each range has it's own distinct color.