INVITE-ONLY SCRIPT

Cuban's Range Reclaim [CE]

Updated
Cuban's Range Reclaim is an indicator that minimizes the time that traders need to spend manually adjusting the range extremes and identifying range deviations.

By tracking the previous levels of the range, the indicator then signals to the trader when price trades back below that level, and assigns a 'Range High' or 'Range Low' print to the deviation. When there is a potential break in the trend, the indicator also prints a 'Pivot' label.

Among other features, the indicator tracks the midline of the range excluding the deviations, giving a far more accurate trend line with less signal noise than regular donchian channels.

There is also the option to view dynamic supply and demand within the channel, plus midlines for the supply and demand, and for a regular channel.

Within the user inputs, the indicator also allows the user to adjust the following:

  • Source input for range level confirmations
  • Period for range lookback
  • Supply and demand sensitivity


TO DO:

  • Allow for color changes within the Style menu
Release Notes

  • added alerting for range high and range low reclaims
Bands and ChannelsChart patternscubancubansedgecubantobaccodonchianchanneldonchianwidthrangerangetradingreclaimTrend Analysis

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact cubantobacco for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases, you can find a good open-source alternative for free in our Community Scripts.

Author's instructions

For access, please join the CUBAN'S EDGE Discord here: discord.gg/NqDfZgxeku

Want to use this script on a chart?

Warning: please read before requesting access.

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