Hi there,
I can help you create a custom TradingView indicator to analyze historical price movements and plot the mean ranges based on your requirements. With expertise in Pine Script and a solid understanding of trading concepts, I’ll ensure the indicator is accurate, user-friendly, and visually clear.
Here’s what I’ll include:
Calculate and plot the historical mean range based on the day of the week (e.g., past Mondays for the current Monday).
Display pivots for the current day: high, low, 25%, 50% (opening price), and 75% ranges.
User-defined options for timeframe selection (daily, weekly, monthly, 4hr, etc.), specific day calculations, and lookback period (default 60 days).
Let’s collaborate to bring this indicator to life and optimize your trading strategy. Feel free to share any additional details or preferences you might have!
Best regards