OPEN-SOURCE SCRIPT
Daily 50 per cent (High Low Dinamic)
📊 Daily 50% Mid – Dynamic High/Low
🔎 Description
The Daily 50% Mid is a clean and objective indicator that plots the daily equilibrium level, calculated as 50% of the distance between the daily high and daily low.
Unlike static levels, this indicator is fully dynamic: as new daily highs or lows are formed, the 50% level is recalculated in real time throughout the trading session.
⚙️ How it works
Automatically detects:
📈 Daily High
📉 Daily Low
Calculates the daily midpoint:
(
𝐷
𝑎
𝑖
𝑙
𝑦
𝐻
𝑖
𝑔
ℎ
+
𝐷
𝑎
𝑖
𝑙
𝑦
𝐿
𝑜
𝑤
)
/
2
(Daily High+Daily Low)/2
Continuously updates the levels while the trading day is in progress.
📐 What the indicator plots
🔴 Daily High line
🟢 Daily Low line
🟡 50% of the Daily Range (Daily Mid) line
🎯 Trading applications
The 50% daily midpoint is widely used as:
A daily balance / equilibrium zone
A pullback level in trending days
A rejection area in range-bound markets
A confluence level with:
VWAP
Daily open
Volume Profile
Price structure
⏱️ Recommended timeframes
Designed for intraday charts
(1m, 5m, 15m, etc.)
Ideal for day trading
Not recommended for daily charts
🧠 Notes
Works on any asset (indices, stocks, forex, crypto)
Automatically resets at the start of each trading day
No future repainting
🔎 Description
The Daily 50% Mid is a clean and objective indicator that plots the daily equilibrium level, calculated as 50% of the distance between the daily high and daily low.
Unlike static levels, this indicator is fully dynamic: as new daily highs or lows are formed, the 50% level is recalculated in real time throughout the trading session.
⚙️ How it works
Automatically detects:
📈 Daily High
📉 Daily Low
Calculates the daily midpoint:
(
𝐷
𝑎
𝑖
𝑙
𝑦
𝐻
𝑖
𝑔
ℎ
+
𝐷
𝑎
𝑖
𝑙
𝑦
𝐿
𝑜
𝑤
)
/
2
(Daily High+Daily Low)/2
Continuously updates the levels while the trading day is in progress.
📐 What the indicator plots
🔴 Daily High line
🟢 Daily Low line
🟡 50% of the Daily Range (Daily Mid) line
🎯 Trading applications
The 50% daily midpoint is widely used as:
A daily balance / equilibrium zone
A pullback level in trending days
A rejection area in range-bound markets
A confluence level with:
VWAP
Daily open
Volume Profile
Price structure
⏱️ Recommended timeframes
Designed for intraday charts
(1m, 5m, 15m, etc.)
Ideal for day trading
Not recommended for daily charts
🧠 Notes
Works on any asset (indices, stocks, forex, crypto)
Automatically resets at the start of each trading day
No future repainting
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script open-source
Dans l'esprit TradingView, le créateur de ce script l'a rendu open source afin que les traders puissent examiner et vérifier ses fonctionnalités. Bravo à l'auteur! Bien que vous puissiez l'utiliser gratuitement, n'oubliez pas que la republication du code est soumise à nos Règles.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.