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Daily Price Range

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The indicator is designed to analyze an instrument’s volatility based on daily extremes (High-Low) and to compare the current day’s range with the typical (median) range over a selected period. This helps traders assess how much of the "usual" daily movement has already occurred and how much may still be possible during the trading day.
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Shows the current daily range, N-day median range, percent completed, and remaining distance to the median. A simple tool for visualizing daily volatility and typical price movement.
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updated the screenshot of the graph according to the rules of moderation
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Now it is possible to view a specific percentage of the median daily range calculated over N days.
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minor changes

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.