You can also make the script paint the zone between the low/open and the high/close.
- Converted to Pine Script v4
- Fixed repainting
- Added alert functionality!
- Fixed fill zone colors overlapping
- Added alert functionality (detects breakouts)
- Fixed long alerts (they were triggering off the HTF close, not the high - whoops!)
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.