Value Trailing

Value Trailing is a variation of my "Dynamic Trailing" indicator, which had additional features including a band-system that tracks the highs and lows of the past X candles. Value Trailing, on the other hand, uses a default lookback window of 14, and a normal range of 68%, simulating a Fixed Range Volume Profile distribution of the past 14 candles, with bands at the upper and lower 68% range.

This lets the user clearly see the key levels, ignoring potential noise from varying and inconsistent highs and lows, while still allowing the user to trade this alongside basic strategies and concepts such as supply/demand and sideways trends.

This indicator comes with 2 customizable sets of "bands", as well as boxes that identify the range of the last candle that touched one side of the bands.