we will test this tomorrow

ok, fed up with btc-parkinson-seismographe, faced with this oscillating market, I created an indicator based on my own observations: btc likes to break resistances and come back like a poodle in its range, so I coded this behavior in addition to the range.

like that we can really know when it leaves its range ... and resume the normal indicators.

// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © jeromehorus

//@version=6
indicator("level",overlay=true)
range = input.int(33,"range")
nh = ta.highest(close,range)
nb = ta.lowest(close,range)

ranges = nh-nb

if ( close > nb and close < nb+( ranges/4) or close > nh+( ranges/4) )
label.new(bar_index, low, "B", style=label.style_label_up, color=color.green, textcolor=color.white)
// so if it is close to the top or if it smashes its support from afar
if ( close < nh and close > nh-( ranges/4) or close < nb-( ranges/4) )
label.new(bar_index, high, "S", style=label.style_label_down, color=color.red, textcolor=color.white)

plot(nh)
plot(nb)
plot(nb+(rows/4))
plot(nh-(ranges/4))