Created
April 5, 2020 20:49
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Best Attempt at replicating the Buddy Carter Expected Range
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| //Replicated from here: https://twitter.com/BuddyCA64525731/status/1246051013557211136 | |
| study("BuddyCarterRange", "BCR", overlay=true) | |
| atr_lb = input(title="ATR Lookback", defval=60, minval=1, type=input.integer) | |
| sma_lb = input(title="SMA Lookback", defval=10, minval=1, type=input.integer) | |
| bc_range = atr(atr_lb) * sma(tr(true)/atr(atr_lb), sma_lb)/2 | |
| top = close + bc_range | |
| bottom = close - bc_range | |
| plot(top, color=color.red, offset=1) | |
| plot(bottom, color=color.green, offset=1) |
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