Introducing the 'Hi-Lo-Gauges' indicator, a powerful tool designed to provide a comprehensive visual representation of key price metrics. This indicator leverages up to 8 preset gauges, each catering to a specific aspect of market data:
All-time high and low
Current 52 Weeks high and low
Current Annual High and Low
Current Semi-Annual High and Low
Current Quarterly High and Low
Current Monthly High and Low
Current Weekly High and Low
Current Daily High and Low
Users have the flexibility to choose all 8 or selectively display specific gauges. For each metric, the gauge dynamically adapts, with the low value set as the minimum and the high value as the maximum. Measurement options include utilizing the highest and lowest closes or the literal highest and lowest prices.
The active price of the underlying asset serves as the reference point, allowing users to gauge the percentage move on the scale between the chosen minimum and maximum. Complete customization is at the users' fingertips, enabling them to tailor the indicator's appearance to suit their preferences.
With 'Hi-Lo-Gauges,' traders and analysts can intuitively monitor and interpret diverse price metrics, fostering a deeper understanding of market dynamics and supporting more informed decision-making.
Note: 'Hi-Lo-Gauges' is visible and applicable exclusively on the daily timeframe due to the nature of the metrics used.
הערות שחרור
⋅
Bug:The weekly calculation was causing NaN value when reached Sunday. Solved: Issue resolved with correct calculation of milliseconds.
הערות שחרור
⋅
Versions updated for imported libraries, and minor formatting fix.
הערות שחרור
⋅
Indicator visibility updated to timeframes daily and above.
@faiyaz7283, I know I’m reaching here, but I really would like to ask - any idea whether you could get this to work on a weekly timeframe chart? Please and thank you.
This indicator is great!
faiyaz7283
⋅
@TMK2, Please give it a try now. I've updated the indicator visibility to show data for daily and above timeframes. Keep in mind that certain metrics may not be relevant when you're on a higher timeframe. Therefore, the indicator will automatically omit the lower timeframe metrics. This applies particularly to daily and weekly data when viewing from monthly and higher timeframes.
This indicator is great!