OPEN-SOURCE SCRIPT

Range Window Number

191
Short Description
Compares today’s price movement during a selected intraday time window against the same window from previous days.

Full Description
Relative Range Window helps identify whether the market is moving normally, unusually quietly, or unusually strongly during a chosen part of the trading day.

Choose a start point such as market open or a custom time, choose an end point such as now, a fixed number of hours after the start, or a custom time, then select how many previous days to compare against. The indicator shows one percentage number:

100% = current movement is normal
Below 100% = current movement is quieter than usual
Above 100% = current movement is stronger than usual

The comparison can use median/typical range or mean/average range, with median being useful for reducing the effect of extreme news days.





إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.