open to close range
auto-plots the session open with percentage-based extension levels above and below for intraday range targets.
information
open to close range|edgeful.com
what it does
this indicator captures the session opening price and draws it as a horizontal line that extends through the trading day. additional lines are drawn above and below the open at configurable percentage distances, providing potential price targets.
the extension levels help traders identify potential support and resistance zones based on percentage moves from the session open. lines extend during the session and stop at session end.
key features
session opening price line
percentage-based extension levels above and below
lines extend during session, stop at session end
historical lookback configuration
automatic cleanup of old lines
explainer chart
open to close range|edgeful.com
