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Standard Deviation Range with Box (NY Session Timeframe)
This TradingView script is designed to help traders visualize a **price range** along with **standard deviations** during the **New York session (GMT-5)**. It provides key insights into market movements and standard deviation levels, all while offering graphical representations for easy analysis.
#### **Key Features**:
*⏰ Customizable Time Range**:
- Define a **start** and **end time** for the price range during the New York session (default: 09:40 to 09:50 GMT-5).
- The script automatically converts the specified time into New York timezone timestamps.
**📦 Price Range Box**:
- Draws a **dynamic box** to capture the **highest** and **lowest** prices during the defined timeframe.
- The box automatically updates as the highest and lowest prices change during the session.
**📏 Standard Deviations**:
- Calculates **standard deviation levels** (e.g., -1.5, 2, 2.5, -2, -1) based on the session's high-low range.
- Plots **horizontal lines** to represent these standard deviations, allowing for quick visual analysis of price volatility.
**🎨 Graphical Customization**:
- Customize the **box color**, **background color**, and **line styles** to match your chart’s aesthetics.
- The standard deviation lines are also customizable in terms of color and style for optimal visual clarity.
**💬 Watermark and Information Overlay**:
- Displays a **quote watermark** on the chart. The default quote is: "Patience is the price of the best opportunities."
- Provides real-time **symbol information** (ticker, timeframe, date) for context while analyzing the chart.
**🔄 Dynamic Updates**:
- Continuously updates the **highest** and **lowest** prices during the selected session.
- The box and deviation lines are automatically redrawn with each new bar during the session.
**Use Case**:
Ideal for traders who want to analyze **price movements** and **volatility** within a specific New York session window. It offers a clear view of the market’s historical range and current volatility, helping traders make data-driven decisions.
#### **How It Works**:
**Set the Time Range** ⏱️: Choose your start and end time for the New York session price range.
**Observe the Box** 📦: View the box showing the high/low price range for the session.
. **Check Standard Deviations** 📉: Monitor how the price relates to various standard deviation levels (plotted as horizontal lines).
**Watch Watermark & Info** 🧑💻: View your selected symbol’s **ticker**, **timeframe**, and **date** on the chart.
anarkiacapital
Script protegido
Este script se publica con código cerrado, pero puede utilizarlo libremente. Márquelo como favorito y podrá usarlo en un gráfico. El código fuente no se puede ver ni modificar.