Range Oscillation Detector / Owl of Profit

Range Oscillation Detector
The Range Oscillation Detector is designed to identify periods where price movements consistently stay within a defined range over a specified lookback period.

Features
Range Detection

Monitors the price range between a specified low ($10) and high ($15).
Evaluates if all days within the lookback period are confined to the specified range.
Default lookback period: 30 days.
Visual Indicator

Highlights the chart's background in green when the range condition is met.
Alert System

Sends an alert when the price has been oscillating between the defined range for the entire lookback period.
Use Case
This tool is ideal for range-bound trading strategies, allowing traders to identify assets with consistent price oscillation between defined levels, potentially indicating sideways markets or consolidation zones.

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