of next session through a simple calculation that uses the open, high, low
and close of the previous session.
This indicator developed by Tom gives different weight to a minimum
or maximum depending on the trend of the previous session. Thus, if the previous
session was the greatest upside will have more weight in calculating the range,
on the contrary, if the previous session was , the minimum will have greater weight.
You can change long to short in the Input Settings
- For purpose educate only
- This script to change bars colors.