OPEN-SOURCE SCRIPT
Actualizado Dealing Range
Dealing Range (DR) — Session Range Tracker
Automatically maps the full CME session range from 6:00 PM to 4:15 PM New York time, tracking the highest high and lowest low as the session develops in real time. DR.High and DR.Low expand bar by bar and freeze at session close, giving you a clean visual boundary of the day's full price delivery range.
Within that range, the indicator plots the 25%, 50%, and 75% equilibrium levels. The 50% acts as the session's premium/discount divide — price trading above it is in premium, below it is in discount. The 25% and 75% levels mark the first standard reaction zones within each half of the range, useful for anticipating where price may stall, reverse, or accelerate through.
At the open of each new session, the completed range is preserved as the Previous Dealing Range (PDR.High, PDR.Low) with its own set of percentage levels. These static reference lines carry forward as key context for the incoming session — particularly the PDR 50%, which frequently acts as a draw on liquidity or a decision point during the early hours of the new session.
All visual elements are independently configurable. Current DR boundaries, current DR levels, previous DR lines, and labels for both sessions can each be toggled, recolored, resized, and restyled without affecting one another.
Can set to only having one Range active at once, just used both to show both the ranges off, Works the same as the MTF DR just not using individual sessions for Higher time frame analysis.
Enjoy. :)
Automatically maps the full CME session range from 6:00 PM to 4:15 PM New York time, tracking the highest high and lowest low as the session develops in real time. DR.High and DR.Low expand bar by bar and freeze at session close, giving you a clean visual boundary of the day's full price delivery range.
Within that range, the indicator plots the 25%, 50%, and 75% equilibrium levels. The 50% acts as the session's premium/discount divide — price trading above it is in premium, below it is in discount. The 25% and 75% levels mark the first standard reaction zones within each half of the range, useful for anticipating where price may stall, reverse, or accelerate through.
At the open of each new session, the completed range is preserved as the Previous Dealing Range (PDR.High, PDR.Low) with its own set of percentage levels. These static reference lines carry forward as key context for the incoming session — particularly the PDR 50%, which frequently acts as a draw on liquidity or a decision point during the early hours of the new session.
All visual elements are independently configurable. Current DR boundaries, current DR levels, previous DR lines, and labels for both sessions can each be toggled, recolored, resized, and restyled without affecting one another.
Can set to only having one Range active at once, just used both to show both the ranges off, Works the same as the MTF DR just not using individual sessions for Higher time frame analysis.
Enjoy. :)
Notas de prensa
Label Positioning Standard Deviation Levels
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Script de código abierto
Fiel al espíritu de TradingView, el creador de este script lo ha convertido en código abierto, para que los traders puedan revisar y verificar su funcionalidad. ¡Enhorabuena al autor! Aunque puede utilizarlo de forma gratuita, recuerde que cualquier republicación del código está sujeta a nuestras Normas internas.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.