Daily Range Indicator for MultiCharts

Job ID: 39940971

Budget: €30 – €250 EUR

I need a straightforward indicator written in PowerLanguage for MultiCharts. Its only task is to compare the daily High against the daily Low across the entire historical data series and display the result in a clear visual form that can be back-tested natively in MultiCharts.

Here’s the outline:

• Core logic: for every trading day, calculate (High − Low) and store / plot that value so I can review day-to-day range behaviour.
• Visual output: a simple histogram or line plot is fine as long as the difference is easy to read at a glance.
• Historical processing: the code must loop through all available bars so I can run a full strategy performance report or export the values.
• Back-testing: the script must compile without warnings, run in portfolio back-tester, and respect standard bar-status conditions (e.g., using CurrentBar >= 1, etc.).

I already drafted detailed pseudo-code with drawings that clarify the display and any user inputs; I’ll share that once we start. Keep the implementation clean, well-commented, and limited to built-in keywords—no external DLLs or .NET calls.

Deliverable: the editable PowerLanguage source file plus a brief note on how to import and attach it to a chart.

If you’ve coded MultiCharts indicators before, this should be quick. Looking forward to working with you.