Range EncapsulatorWhen a user selects a start date and the desired duration, the specified date range will be highlighted. High and low data lines corresponding to this range will be drawn. Additionally, quarter-point interval lines from the previous data range will be displayed between the high and low lines of the current range, provided they fall within those boundaries.
In den Scripts nach "range" suchen
Range TableThe Range Table indicator calculates and displays the Daily Average True Range (ATR), the current day's True Range (TR), and two customizable ATR percentage values in a clean table format. It provides values in ticks, points, and USD, helping traders set stop-loss buffers based on market volatility.
**Features:**
- Displays the Daily ATR (14-period) and current day's True Range (TR) with its percentage of the Daily ATR.
- Includes two customizable ATR percentages (default: 75% and 10%, with the second disabled by default).
- Shows values in ticks, points, and USD based on the symbol's tick size and point value.
- Customizable table position, background color, text color, and font size.
- Toggle visibility for the table and percentage rows via input settings.
**How to Use:**
1. Add the indicator to your chart.
2. Adjust the table position, colors, and font size in the input settings.
3. Enable or disable the 75% and 10% ATR rows or customize their percentages.
4. Use the displayed values to set stop-loss or take-profit levels based on volatility.
**Ideal For:**
- Day traders and swing traders looking to set volatility-based stop-losses.
- Users analyzing tick, point, and USD-based risk metrics.
**Notes:**
- Ensure your chart is set to a timeframe that aligns with the daily ATR calculations.
- USD values are approximate if `syminfo.pointvalue` is unavailable.
Developed by FlyingSeaHorse.
Range over Volume This is a scalping aid for NQ in the 1 minute time range for the Globex session.
Mathematically, the plot is range in ticks divided by 0.1*volume
This returns a histogram plot for RoV (range over volume)
The idea is that candles that ascribe a larger range with minimal volume does because there is unilateral aggression from the buy side, or sell side, and the subsequent behavioural outcome of this will either be an extension of that aggression unilaterally, or commonly, a counter to that aggression!
Wait for a candle to close with the RoV above 4.00. For that candle which formed the RoV above 4.00, plot the highs and lows of that candle and draw a 1.618x and -0.618x Fibonacci extension across it.
Enter short on the -0.618x and take profits at the -1.618x. Use the low of the ROV > 4 candle as a protective stop
Enter long on the 1.618 and take profits at 2.618. Use the high of the ROV > 4 candle as a protective stop
Range filter v2This version give us signal by the cross of super trend and range filter . since both system try to do the same but calculated different , I was thinking why not to cross them each other by the same way we do with MA length
if you want to see the real trend just remove the // from the plot of super trend and the range finder
alerts and take profit inside
Range Breakout StrategyAfter consecutive candle closes it creates a range, and if price breaks out of it it enters with fixed take profit.
Range Trends Enhanced (eleven11)This indicator automatically draws your Range Trend lines based upon your timeframe. When you select a timeframe, in the options, those lines will be locked in, whenever you switch timeframes on the chart. This allows you to "lock in" a timeframe's trendlines and then view it on different timeframes. But if you want to view the current trendlines for a timeframe then you need to select that "lockdown" timeframe in the settings. The original code was created by eleven11
Range Channel by Atilla YurtsevenThis script creates a dynamic channel around a user-selected moving average (MA). It calculates the relative difference between price and the MA, then finds the average of the positive differences and the negative differences separately. Using these averages, it plots upper and lower bands around the MA as well as a histogram-like oscillator to show when price moves above or below the average thresholds.
How It Works
Moving Average Selection
The indicator allows you to choose among multiple MA types (SMA, EMA, WMA, Linear Regression, etc.). Depending on your preference, it calculates the chosen MA for the selected lookback period.
Relative Difference Calculation
It then computes the percentage difference between the source (typically the closing price) and the MA. (diff = (src / ma - 1) * 100)
Positive & Negative Averages
- Positive differences are averaged and represent how far the price typically moves above the MA.
- Negative differences are similarly averaged for when price moves below the MA.
Range Channel & Oscillator
- The channel is plotted around the MA using the average positive and negative differences (Upper Edge and Lower Edge).
- The “Untrended” histogram plots the difference (diff). Green bars occur when price is above the MA on average, and red bars when below. Two additional lines mark the upper and lower average thresholds on this histogram.
How to Use
Identify Overbought/Oversold Zones: The upper edge can serve as a dynamic overbought level, while the lower edge can suggest potential oversold conditions. When the histogram approaches or crosses these levels, it may signal price extremes relative to its average movement.
Trend Confirmation: Compare price action relative to the channel. If price and the histogram consistently remain above the MA and upper threshold, it could indicate a stronger bullish trend. If they remain below, it might signal a prolonged bearish trend.
Entry/Exit Timings:
- Entry: Traders can look for moments when price breaks back inside the channel from an extreme, anticipating a mean reversion.
- Exit: Watching how price interacts with these dynamic edges can help define stop-loss or take-profit points.
Because these thresholds adapt over time based on actual price behavior, they can be more responsive than fixed-percentage bands. However, like all indicators, it’s most effective when used in conjunction with other technical and fundamental tools.
Disclaimer
This script is provided for educational and informational purposes only. It does not guarantee any specific outcome or profit. Use it at your own discretion and risk.
Trade smart, stay safe.
Atilla Yurtseven
Range of body 30min avggives the average range of the past 30bars and indicates when a candle's body is greater than 150% the average.
Range of a source displayed in thirdsThis indicator will take the value of any external source input and display how it has changed over time (the lookback period in settings). For the purposes of display here I'm using the WT1 line from Wavetrend with Crosses by LazyBear to provide a source input.
The highest and lowest value of the source over the lookback period are used to determine the highest and lowest point - the green and red lines at the top and bottom of the bands. This region is then mathematically split into three, such that the source (and its optional moving average line) can be defined as being in the top third, the middle or the bottom third.
Applications for this could be in risk management where you may wish to take on a larger position size when a certain indicator is in the top third, or decide that you want to enter / leave positions when the source crosses in / out of the extreme points.
Range SlicerThis is a tool I quickly put together to work along side of my round number and Quarter Theory Scripts. This script allows you to set a price range between to values and slice them up into equal price zones. Happy Trading!
Range MarkerThis indicator is built for chart traders.
When using price and action to trade, you need to keep the chart scale the same.
So this indicator will help you to mark the range you choose.
Let you keep precise when reading the chart.
Enjoy it!
Range Fib (Nephew_Sam_)This indicator plots Fibonacci values based on a time range
Example: Asian session
If session time is 1700 - 0200, the indicator will find the high and low of that session then plot its fib extension lines and background outside of hours provided.
Currently supports 4 keys levels that can be changed under settings.
If you don't want the lines to display and only the background colors, you can uncheck the lines under the indicator settings -> styles.
Range Breakouts - AshraffThis computes the Range Breakout strategy based on the last five days of stock data.
Range Spikes No NoiseSimilar to Sigma Spikes No Noise, but using range moves vs ATR20, either prior close to high or low and close to high or low.
Filtering out for noise by the treshold value
range forecast Calculate the price range , support and resistence for the current day. At the market open this algo will calculate the next price level with no repaint.
V-Max: Tactical Opening Range & Session Monitor🛡️ 【V-Max】Tactical Opening Range & Session Monitor
Overview The V-Max Tactical Session Monitor is a high-precision utility designed to capture and project the critical opening range of any market session (e.g., US Market Open). By defining the high, low, and equilibrium (mid) points of the initial volatility, traders can establish a tactical framework for the remainder of the trading day.
Technical Methodology & Logic This script employs a robust cross-day physical coordinate engine:
Opening Range Capture: Dynamically calculates the high, low, and midpoint (50% level) during a user-defined interval (e.g., the first 15 minutes of the US open).
Physical Coordinate Locking: Utilizes the box.new and line.new objects to render a visual "Tactical Box." The right boundary of the box is extended in real-time until the specified session_stop time, ensuring the range remains relevant throughout the session.
Precision Engine: Features a dedicated precision handler that automatically adjusts the price label formatting based on syminfo.mintick (detecting whether an asset requires 2 or 5 decimal places) to ensure visual clarity across all asset classes.
Day-of-Week Validation: Includes logic to exclude weekends, focusing strictly on active market weekdays for data integrity.
How to Use
Time Settings: Input the start and end of the opening range you wish to capture (Defaulted to GMT+8 for US Open).
Session Stop: Define the time when the projection should cease extending.
Execution: Use the High/Low levels as breakout boundaries and the Mid-line as a pivot for trend strength.
產品概述 V-Max 時效監控 Pro 是一款高精度的開盤區間捕捉工具。透過定義開盤初期（如美股開盤前 15 分鐘）的高點、低點與中軸平衡點，為交易者建立全天的戰術框架。
技術邏輯與功能 本腳本採用穩定的物理座標引擎：
開盤區間捕捉：在自定義的時間區間內，自動鎖定最高價、最低價與 50% 中軸價位。
物理座標鎖定：利用 box.new（區間盒）與 line.new（趨勢線）物件進行視覺化呈現。區間將實時延伸至設定的停止時間，確保戰術參考線在整個交易時段內有效。
精度處理引擎：自動根據標的物（如美股或加密貨幣）的最小跳動單位調整標籤顯示，確保價格資訊的清晰度。
跨日物理判定：內建工作日過濾邏輯，確保僅在市場交易日內啟動捕捉。
This is a free tactical utility from the V-Max strategic suite.
Premium Indicators: For L1-L3 professional trend navigation and momentum systems, please contact our authorized assistant: @VMax_Helper_bot.
Disclaimer: For technical analysis purposes only. Past performance does not guarantee future results.
True ADR% (Range/Close) / ATR / LoD dist. / Market CapHi guys
Couldn't find the script of my dreams and therefore adapted some existing ones I found from the users MikeC (AKA TheScrutiniser) & armerschlucker.
Notes on formulas used in this script:
// ADR% is calculated using the standard definition: 100 * SMA(High - Low, N) / Close
// (average daily range in points over N daily bars, normalized by the current daily close).
// ATR is standard Wilder ATR: ta.atr(N) computed on daily bars.
// LoD dist. is the distance from current close to today’s low, expressed as a % of daily ATR:
// 100 * (Close - Low) / ATR.
// All three metrics are forced to daily bars via request.security(..., "D", ...), so they stay consistent
// regardless of the chart timeframe.
Hope it helps. Please provide feedback in case I made errors.
Session Opening Bar RangeSession Opening Bar Range (OBR) - Advanced Opening Range Indicator with Statistical Analysis
Overview
The Session First Bar Range (FBR) indicator is a comprehensive tool that captures and projects key levels based on the first bar of a user-defined trading session. Unlike traditional daily opening range indicators, this script allows traders to focus on specific session windows (New York RTH, London, Asia, etc.) and analyze price behavior relative to the initial momentum established in that session's opening bar.
What makes this indicator unique is its combination of three distinct projection methodologies: statistical analysis based on historical range data, Fibonacci extensions, and fixed-point rotation levels commonly used by institutional traders. To our knowledge, this is the only opening range indicator that incorporates statistical standard deviation levels calculated from historical first bar ranges, making it both a technical and probabilistic tool.
Core Concept
The opening range concept is based on the principle that the initial price action of a trading session often sets the tone for the remainder of that session.
Professional traders have long observed that:
The first bar's high and low act as key reference points
Price often respects or breaks these levels with significance
Expansion beyond the opening range tends to occur in measurable increments
This indicator takes these observations and enhances them with:
Historical probability analysis - "Based on the last 60 sessions, price typically extends X standard deviations beyond the opening range"
Proportional projections - Fibonacci-based extensions showing where measured moves typically target
Fixed-point rotations - Institutional rotation levels (e.g., 65 points for NQ, 15 points for ES)
How It Works
Session Detection & First Bar Capture
The indicator uses Pine Script's time() function with timezone support to precisely detect when a trading session begins. When the first bar of the selected timeframe occurs within the session window, the script captures:
High (H): The high of the first bar
Low (L): The low of the first bar
Mid (M): The midpoint (hl2) of the first bar
Critical Detail: These levels are fixed from the first bar only - they do not update as the session progresses. This differs from many "opening range" indicators that use a time period (e.g., first 30 minutes). Here, you select the bar timeframe (default 5-minute), and only that single first bar's range is captured.
Statistical Level Calculation
The indicator maintains a rolling array of the last N session's first bar ranges (default: 60 sessions). For each new session, it calculates:
Average Range: Mean of historical first bar ranges
Standard Deviation: Volatility of those ranges
Projection Levels: High/Low ± (Average Range + Std Dev × Multiplier)
This provides probability-based levels. For example, a +2σ level suggests: "Historically, price extending this far beyond the opening range is a 2-standard-deviation event (approximately 95th percentile)."
Fibonacci Extensions
Using the first bar range as the base unit (100%), the indicator projects Fibonacci levels:
100% extension: One full range above the high / below the low
1.618x extension: (Default) Golden ratio projection
2.618x, 3.618x extensions: Additional Fibonacci levels
Calculation: Range = H - L, then Target = H + (Range × Multiplier) for upside projections.
OR Rotation Levels
These are fixed-point increments from the first bar's high and low. Unlike percentage-based methods, rotations use absolute point values:
NQ traders often use 65-point increments
ES traders often use 15-point increments
Gold/bonds use different values
The indicator draws 5 levels above the high (R+1 through R+5) and 5 below the low (R-1 through R-5), each separated by your specified point increment.
Features:
Session Options
Pre-configured Sessions:
New York RTH (9:30am - 4:00pm)
New York Futures (8:00am - 5:00pm)
London (2:00am - 8:00am)
Asia (7:00pm - 2:00am)
Midnight to 5pm
ZB/Gold/Silver OR (8:20am - 4:00pm)
CL OR (9:00am - 4:00pm)
Custom Session: Define your own start/end times in HHMM format
Timezone Support: All sessions respect the selected timezone (default: America/New_York)
Customizable Timeframe
Select any timeframe for the first bar (1min, 5min, 15min, etc.)
Default: 5-minute bars
Important: This is the timeframe for the first bar capture, independent of your chart's timeframe
Display Options
Historical Ranges: Show/hide past session ranges (with configurable limit to manage performance)
Line Styles: Choose between Solid, Dashed, or Dotted for range lines and midline
Label Position: Left or Right side of range
Show Prices: Optionally display actual price values on labels
Custom Colors: Fully customizable colors for all components
Statistical Levels
Lookback Period: Number of historical sessions to analyze (default: 60)
Two Multiplier Levels: Default 1σ and 2σ, fully adjustable
Separate styling: Different line styles (dashed vs dotted) for each sigma level
Optional Labels: Show/hide sigma notation labels
Fibonacci Extensions
Four Extension Levels: 100%, 1.618x, 2.618x, 3.618x (all customizable)
Bidirectional: Projections both above and below the opening range
Optional Labels: Toggle percentage/multiplier labels
OR Rotation Levels
Configurable Increment: Set the point value for your instrument
Five Levels Each Direction: R±1 through R±5
Dynamic Labels: Show both rotation number and point value (e.g., "R+1 (65)")
Three Line Styles: Solid, Dashed, or Dotted
How to Use
Setup
Add the indicator to your chart
Select your trading session from the dropdown
Set the timeframe for first bar capture (typically 5-15 minutes)
Configure which projection methods you want to see (Statistical, Fibonacci, and/or Rotations)
For Day Traders
Scenario: Trading NQ during New York RTH
Session: Select "New York RTH (9:30am - 4:00pm)"
Timeframe: 5-minute (captures 9:30-9:35 bar)
Enable: OR Rotations with 65-point increments
Strategy:
Watch for acceptance/rejection at rotation levels
Use R+1/R-1 as initial profit targets
R+2/R-2 as extended targets
Statistical levels show when price is in "outlier" territory
and rotation levels
Performance Notes
The indicator limits objects to stay within TradingView's constraints (500 max)
If you enable all features, reduce "Maximum Historical Ranges" to prevent slowdown
Typical configuration: 10-20 historical ranges with all features enabled works well
Settings Guide
Session Settings
Session: Choose from pre-configured sessions or "Custom"
Custom Session Start/End: HHMM format (e.g., "0930" for 9:30am)
Timezone: Critical for accurate session detection
Opening Bar Format
Timeframe: The bar size for capturing the first bar's range
Show Midline: Toggle the mid-point line
Show Historical Ranges: Display previous sessions (recommended: leave ON)
Maximum Historical Ranges: Limit history to manage performance (1-500)
Range Style / MidLine Style: Solid, Dashed, or Dotted
Position: Label placement (Left or Right)
Show Prices: Include actual price values on labels
Statistical Levels
Lookback Periods: How many historical first bar ranges to analyze (default: 60)
Std Dev Multiplier 1/2: The sigma levels to project (default: 1.0 and 2.0)
All visual settings (colors, line width, label size)
Fibonacci Extensions
Show Fib Extensions: Enable/disable Fibonacci projections
Measured Move Extensions 1-4: The multipliers (default: 1.618, 2.618, 3.618, 4.618)
Visual customization options
OR Rotations
Rotation Increment: The point value for your instrument
NQ: 65 points
ES: 15 points
Adjust for other instruments based on their typical rotation behavior
Show Rotation Labels: Display level numbers and point values
Visual customization options
Use Cases
Gap Trading: When price gaps away from previous day's close, the first bar range shows the initial gap acceptance/rejection zone
Breakout Confirmation: Price breaking and holding above the first bar high with volume suggests trend day potential. Rotation levels provide measured targets.
Reversal Identification: Price reaching +2σ statistical level = rare event, potential exhaustion
Range Bound Days: Price oscillating between first bar high/low suggests range-bound session; trade reversals at extremes
Institutional Level Awareness: OR Rotations at 65 points (NQ) align with levels professional traders watch
Technical Notes
The indicator uses request.security() with lookahead=barmerge.lookahead_on to ensure the first bar levels are captured correctly
All drawing objects (lines, labels, fills) are managed in arrays with automatic cleanup to prevent memory issues
The statistical calculations use array.avg() and array.stdev() for accurate probability estimates
Rotation levels use individual line variables (like Fibonacci) rather than loops for reliability
Summary
This indicator is original in its combination of three distinct methodologies for projecting levels from a session's opening range:
Statistical Analysis - No other opening range indicator (to our knowledge) calculates standard deviation projections from historical first bar ranges
Time-Based Session Flexibility - Most OR indicators use only daily or fixed time periods; this allows any custom session window
Multiple Projection Methods - Traders can use statistical, Fibonacci, AND rotation levels together or separately
Custom Time Range HighlightThis indicator highlights specific time ranges on your TradingView chart with customizable background colors and labels, making it easier to identify key trading sessions and ICT (Inner Circle Trader) Killzones. It is designed for traders who want to mark important market hours, such as major sessions (Asia, New York, London) or high-volatility Killzones, with full control over activation, timing, colors, and transparency.
Features
Customizable Time Ranges: Define up to 9 different time ranges, including one custom range, three major market sessions (Asia, New York, London), and five ICT Killzones (Asia, NY Open, NY Close, London Open, London Close).
Individual Activation: Enable or disable each time range independently via checkboxes in the settings. By default, only the ICT Killzones are active.
Custom Colors and Transparency: Set unique background and label colors for each range, with adjustable transparency for both.
Labeled Time Ranges: Each active range is marked with a customizable label at the start of the period, displayed above the chart for easy identification.
Priority Handling: If multiple ranges overlap, the range with the higher number (e.g., Asia Killzone over Custom Range) determines the background color.
CET Time Zone: Time ranges are based on Central European Time (CET, Europe/Vienna). Adjust the hours and minutes to match your trading needs.
Settings
The indicator settings are organized into three groups for clarity:
Custom Range: A flexible range (default: 15:30–18:00 CET) for user-defined periods.
Session - Asia, NY, London: Major market sessions (Asia: 01:00–10:00, New York: 14:00–23:00, London: 09:00–18:00 CET).
ICT Killzones - Asia, NY, London: High-volatility periods (NY Open: 13:00–16:00, NY Close: 20:00–23:00, London Open: 08:00–11:00, London Close: 16:00–18:00, Asia: 02:00–05:00 CET).
For each range, you can:
Toggle activation (default: only ICT Killzones enabled).
Adjust start and end times (hours and minutes).
Customize the label text.
Choose background and label colors with transparency levels (0–100).
How to Use
Add the indicator to your chart.
Open the settings to enable/disable specific ranges, adjust their times, or customize colors and labels.
The chart will highlight active time ranges with the selected background colors and display labels at the start of each range.
Use it to focus on key trading periods, such as ICT Killzones for high-probability setups or major sessions for market analysis.
Notes
Ensure your time ranges align with your trading instrument’s session times.
Overlapping ranges prioritize higher-numbered ranges (e.g., Asia Killzone overrides London Session).
Ideal for day traders, scalpers, or ICT strategy followers who need clear visual cues for specific market hours.
Feedback
If you have suggestions for improvements or need help with customization, feel free to leave a comment or contact the author!
Flat Market Range Pro [CHE]Flat Market Range Pro Indicator
Introduction
Hey there! 👋
Welcome to our overview of the Flat Market Range Pro indicator. Whether you're new to trading or a seasoned pro, this tool is designed to help you spot those flat market conditions where prices are chilling within a certain range. By highlighting these consolidation zones and potential breakout points, it offers some pretty neat insights to boost your trading strategies. Let’s dive in and explore how this indicator can make your trading journey smoother and more informed!
How It Works
The Flat Market Range Pro indicator is all about understanding the ebb and flow of the market. Here's a simple breakdown:
Range Detection:
Range Period (range_period): This sets the number of bars (think of them as time slices) the indicator looks back to find the highest highs and lowest lows. It’s like setting the scope for your search.
Minimum Candles in Range (min_candles_in_range): Ensures that there are enough candles (price bars) within the range to make the detection meaningful. No point in highlighting a range if it’s too short, right?
Adaptive Moving Average (AMA):
Think of AMA as the indicator’s way of staying flexible. It smooths out the price data to better spot trends within those flat ranges. Don’t worry, it’s working behind the scenes and won’t clutter your chart.
Breakout Detection:
When the price decides to break free from its cozy range, the indicator flags it. It waits for confirmation to make sure it’s not just a fleeting move, adding a layer of reliability to your signals.
Visualization:
Flat Market Zones: These are shaded areas that highlight where the price has been consolidating.
Support and Resistance Lines: Automatically drawn lines that mark key price levels, helping you see where the price might bounce or break through.
Trade Signals: Arrows popping up to show potential buy or sell opportunities when breakouts occur.
Breaking It Down
1. Detecting the Range
The indicator scans through the past range_period bars to find the highest and lowest prices. This creates a dynamic range that adjusts as new data comes in. It’s like having a smart assistant keeping an eye on where the action is happening.
2. The Role of AMA
Even though you won’t see AMA on your chart, it plays a crucial role. It helps the indicator adapt to changing market conditions by smoothing out the data, making sure the breakout signals are spot-on and not just random noise.
3. Spotting Breakouts
A breakout happens when the price moves beyond the established range. The indicator marks these moments with clear arrows, so you know when it might be a good time to jump in or out of a trade. Plus, it waits for confirmation to ensure these signals are solid.
4. Visualizing Flat Markets
Shaded boxes highlight the areas where the price has been consolidating, making it easy to see when the market is flat. Support and resistance lines are drawn automatically, and you can even customize how they look to match your personal style.
Customize It Your Way
One of the best things about the Flat Market Range Pro indicator is how customizable it is. Here’s what you can tweak:
Range Settings:
Adjust the range_period to fit different timeframes.
Set the min_candles_in_range to ensure the ranges you see are meaningful.
Moving Average Settings:
Change the ma_length and ma_lookback to fine-tune how the AMA responds to price movements.
Visual Tweaks:
Pick your favorite colors and transparency levels for the shaded zones.
Choose whether to display support and resistance lines and extend them indefinitely if you like.
Toggle trade arrows and labels on or off based on what you find most helpful.
Organizing these settings into logical groups makes it super easy to customize the indicator just the way you like it.
Real-World Examples
1. Spotting Consolidation: Imagine you’re watching a stock that’s been moving sideways for a while. The indicator highlights this consolidation with shaded boxes and support/resistance lines, giving you a clear picture of where the price is hanging out.
2. Trading Breakouts: When the price finally decides to break free from the range, the indicator pops up buy or sell arrows. This helps you catch the move early, whether you’re looking to enter a new trade or exit an existing one.
3. Making Informed Decisions: With clear visual cues and reliable signals, you can make smarter trading decisions without getting overwhelmed by too much information.
Behind the Scenes: Technical Insights
For those curious about the nuts and bolts, here’s a peek into how the Flat Market Range Pro indicator is built:
Efficient Range Calculation:
Uses loops to scan through the specified range_period, ensuring accurate detection of high and low points.
Adaptive Logic with AMA:
Incorporates the Simple Moving Average (SMA) to create a threshold coefficient, making the indicator responsive to market changes.
Clear Visualization:
Utilizes box.new and label.new for intuitive visual representations of flat markets.
Employs plotshape and plot to display breakout signals clearly on your chart.
Optimized Performance:
Avoids plotting unnecessary elements like AMA, keeping your chart clean and focused on what matters.
Why You’ll Love It
The Flat Market Range Pro indicator brings a lot to the table:
Accurate Range Detection:
Pinpoints consolidation zones by analyzing historical highs and lows.
Flexible and Adaptive:
AMA ensures the indicator stays responsive to different market conditions.
User-Friendly Visuals:
Shaded zones, support/resistance lines, and clear trade signals make your chart easy to understand at a glance.
Highly Customizable:
Tailor the settings to match your trading style and preferences.
Reliable Signals:
Confirmation mechanisms help reduce false signals, giving you more confidence in your trades.
Wrapping It Up
The Flat Market Range Pro indicator is a fantastic tool for anyone looking to navigate flat or consolidating markets with ease. By combining precise range detection, adaptive logic, and clear visual cues, it helps you identify consolidation phases and seize breakout opportunities effectively. Its customizable features ensure that it fits seamlessly into your trading strategy, whether you’re just starting out or have years of experience under your belt.
For more details, a step-by-step guide on using the indicator, and access to the full Pine Script code, check out the accompanying documentation or reach out for support. Happy trading! 🌟
Questions and Further Information
Got questions or need a hand with the Flat Market Range Pro indicator? Feel free to reach out! Whether you’re curious about how it works or need tips on customizing it for your trading style, we’re here to help. Also, give the indicator a try on different charts to see how it performs in various market conditions. Let’s make your trading experience better together!
Best regards
Chervolino
This script was inspired by: Trend Regularity Adaptive Moving Average
and
Range Detection by HasanRifat
HTF RangeThis Pine Script indicator, HTF Range , is a tool designed to help traders visualize predefined ranges (highs and lows) and analyze price action within those levels. It's particularly useful for identifying key levels and trends for a set of pre-configured assets, such as cryptocurrencies, stocks, and forex pairs.
Key Features:
1. Predefined Symbol Ranges:
Stores a list of assets (tickers) with corresponding high, low, and trend information in an array.
Automatically matches the current symbol on the chart (syminfo.ticker) to fetch and display relevant range data:
High Range: The upper price level.
Low Range: The lower price level.
Trend: Indicates whether the trend is "up" or "down."
Example tickers: BTCUSDT, ETHUSDT, GBPUSD, NVDA, and more.
2. Range Visualizations:
Extremeties: Draws dashed horizontal lines for the high and low levels.
Half-Level: Marks the midpoint of the range with a dashed yellow line.
Upper and Lower Quarters: Highlights upper and lower portions of the range using shaded boxes with customizable extensions:
3. Configurable Inputs:
Enable/Disable Levels: Toggles for extremeties, half-levels, and quarter-levels.
Table Info: Option to display a table summarizing the range data (symbol, high, low, and trend).
4. Dynamic Calculations:
Automatically calculates the difference between the high and low (diff) for precise range subdivisions.
Dynamically adjusts visuals based on the trend (up or down) for better relevance to the market condition.
5. Table Display:
Provides a detailed summary of the asset's range and trend in the top-right corner of the chart:
Symbol ticker.
High and low levels.
Overall trend direction.
Use Case:
This indicator is ideal for traders who:
Trade multiple assets and want a quick overview of key price ranges.
Analyze price movements relative to predefined support and resistance zones.
Use range-based strategies for trend following, breakout trading, or reversals.
RSI ATR Range [SS]Hey everyone,
Over the course of the last year I had a bunch of requests to do something with RSI. I did do an RSI expected move plotter, but the requests were to overhaul RSI and make it better I guess.
So here is my attempt!
This is the RSI ATR plotter. Its similar to my RSI expected move plotter, however, it gives you the ATR ranges associated with the current RSI value. This allows you to conceptualize RSI in a different way. Instead of looking for "oversold" over "overbought", you can actually just see the expected high to open range and the expected open to low range based on the current RSI.
This will allow you to determine such things as:
a) Is it likely to be bullish?
b) Is it likely to be bearish?
c) The average move, in a dollar amount, associated with this RSI.
In addition to presenting RSI in terms of ranges as opposed to the actual RSI value, the indicator will also signal likely reversal areas. Whenever there is a huge spike in RSI and range, whether it be up or down, this generally corresponds to an imminent reversal. The indicator is programmed to recognize this and plot little grey circles to notify you of an impending reversal.
Let's take a look at some reversal examples using NVDA:
In the chart above, we can see that the RSI signaled a reversal. As it was part of a downtrend, the reversal was bullish.
Let's look at a top reversal:
The chart above shows a likely downside reversal.
And some little bounce reversals here and there:
In addition to showing you the ATR range and reversals, the indicator will show you the RSI in a bar graph format:
You won't be able to look for RSI divergences, if you are a believer of those. However, you can definitely visualize them in the ATR ranges which are directly affected by the RSI readings.
Aspects of the indicator:
Bull ranges are displayed in green.
Bear ranges are displayed in red.
When green is present we know its entering or currently in a bullish RSI range:
Inversely, when it starts to shift red, we know we are entering a bearish RSI range:
There is a border that circles the range. It will be green when we are in a bullish range and red when we are in a bearish range. In addition to these 2 signals, the RSI bar chart itself will turn green in bullish ranges, and red in bearish ranges.
Here is bullish:
Here is bearish:
Customizability
You can customize the Source input for the RSI (default is close). As well as the length (default is 14).
The ATR length is defaulted to 500. My suggestion is to leave this be. You can increase it but I would not suggest decreasing it as it may omit some of the RSI ranges from its history.
And that is the indicator my friends! Hope you enjoy!
As always, safe trades!
