High, Low and Midpoint
This indicator plots the daily high and low from the previous day. (BLACK)
It then calculates the midpoint of the high and low and plots this. (RED)
This indicator can be used to identify daily ranges and to identify possible support and resistance levels.
It then calculates the midpoint of the high and low and plots this. (RED)
This indicator can be used to identify daily ranges and to identify possible support and resistance levels.