OPEN-SOURCE SCRIPT
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Consolidation Ranges [kingthies]

70 949
Consolidation Range Analysis
[I] Published by Eric Thies, January 2021

Indicator Summary
  • This tool calculates, analyzes and plots the visualization of a relative range over a given period of time
  • By adding to charts, users are enabled to see the impulsive nature of market cycles, along with their efforts to consolidate thereafter
  • The default period is 30, and should be adjusted to users preference
  • The default input is the current close price, on the chosen timeframe of the chart



Script Source

Pine Script®


Notas de prensa
Upgraded to pine v5

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