Middle of daily range
- Indikatoren
- Raphael Gil Abreu De Oliveira
- Version: 1.0
A simple and efficient indicator that plots and updates the 50% of the current day, for those who use this point as a reference in day trading.
On trend days the 50% region tends to be a good resistance point, ideal for making new entries.
On non-trend days (sideways) the 50% region is great for carrying out positions.
In addition, for study or back-testing criteria, you can define the amount of previous days to be plotted by the indicator.
For questions or suggestions, please contact us. And most importantly: Good Trades!