Updated
Random Color Generator

This script is developed on the basis of Function-HSL-color by RicardoSantos
Aim of this script is to generate random colors. But, if we just do it based on random RGB values, the colors derived may not be suitable for the background. If you are using light background, lighter colors won't be visible and if you are using darker theme, darker colors will not be appropriate. To overcome this issue, function provided by Racardo converts color(H,S,L) to color(R,G,B). Based on the background present, we define min and max L (Light) range to avoid colors which are either too dark or too light.
Input also allows you to set your custom H,S,L range when Background is set as "Custom"
Aim of this script is to generate random colors. But, if we just do it based on random RGB values, the colors derived may not be suitable for the background. If you are using light background, lighter colors won't be visible and if you are using darker theme, darker colors will not be appropriate. To overcome this issue, function provided by Racardo converts color(H,S,L) to color(R,G,B). Based on the background present, we define min and max L (Light) range to avoid colors which are either too dark or too light.
Input also allows you to set your custom H,S,L range when Background is set as "Custom"
Release Notes
Added optional transparencyRelease Notes
Updates from Ricardo's script copied :)Release Notes
Convert to v5Trial - trendoscope.com/trial
Subscribe - trendoscope.com/pricing
Blog - docs.trendoscope.com
Subscribe - trendoscope.com/pricing
Blog - docs.trendoscope.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Trial - trendoscope.com/trial
Subscribe - trendoscope.com/pricing
Blog - docs.trendoscope.com
Subscribe - trendoscope.com/pricing
Blog - docs.trendoscope.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.