Very simple indicator showing stock price's low / high range swing of the bars for of selected time interval.
Helps determine trading range of the stock price.
Depending on the price movement direction during interval bars on the graph changing colors
Also shows averaged price range line.
Request for DCC/coondawg71
added support for using session.
theres a issue with the session it needs to have the format inverted:
(start-end) to (end-start)
'0000-1500' to '1500-0000'
Average Price Movement inidcator displays the high/low for the period over time. On top of that an 8 period exponential moving avergae is attached
to get average movement over time. It provides, for eg. on a Daily chart, gives a day range and this can be used to book profits or place stop loss.
It is very simple indicator to provide price range over time.
![FRA40: Daily Range [Gorbie]](https://s3.tradingview.com/e/e2mslHqy_mid.png "Daily Range [Gorbie]")
![EURUSD: [RS]Open Range Breakout V3](https://s3.tradingview.com/x/X6hTOrm7_mid.png "[RS]Open Range Breakout V3")
![EURUSD: [RS]Hurricane V0](https://s3.tradingview.com/2/2W2GXxVF_mid.png "[RS]Hurricane V0")
![EURUSD: [RS]DeMark Range Expansion Index V0](https://s3.tradingview.com/k/kcuDdsWV_mid.png "[RS]DeMark Range Expansion Index V0")
![EURGBP: [RS]Multiple Time Frame Range Swing V0](https://s3.tradingview.com/o/owQtB3X7_mid.png "[RS]Multiple Time Frame Range Swing V0")