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업데이트됨 Range Market Indicator
Range Market Indicator is designed to identify and monitor sideways (range-bound) market conditions in a stable and tradeable way.
The indicator automatically detects a price range, locks the support and resistance levels once confirmed, and keeps them fixed until a confirmed breakout occurs. This prevents constant recalculation and eliminates noisy, unreliable ranges.
Key features:
• Automatic detection of valid trading ranges
• Locked support and resistance levels
• Breakout warning and confirmed breakout detection
• Range age (number of bars)
• Support and resistance test count
• Range width percentage
• Range quality classification (Low / Medium / High)
• Visual range box and clean dashboard
The dashboard provides a clear, at-a-glance overview of whether the current market is suitable for range trading or if the range structure has broken.
This indicator does not generate buy or sell signals. It is designed to be used alongside existing strategies and indicators to support decision-making in sideways markets.
Recommended usage:
• Timeframes: 15m – 4H
• Best suited for liquid instruments (stocks, crypto, indices)
• Designed for range trading and accumulation strategies
Disclaimer:
This indicator is for educational and informational purposes only and does not constitute financial advice. Trading involves risk, and past performance does not guarantee future results. Always conduct your own analysis and risk management before making trading decisions.
The indicator automatically detects a price range, locks the support and resistance levels once confirmed, and keeps them fixed until a confirmed breakout occurs. This prevents constant recalculation and eliminates noisy, unreliable ranges.
Key features:
• Automatic detection of valid trading ranges
• Locked support and resistance levels
• Breakout warning and confirmed breakout detection
• Range age (number of bars)
• Support and resistance test count
• Range width percentage
• Range quality classification (Low / Medium / High)
• Visual range box and clean dashboard
The dashboard provides a clear, at-a-glance overview of whether the current market is suitable for range trading or if the range structure has broken.
This indicator does not generate buy or sell signals. It is designed to be used alongside existing strategies and indicators to support decision-making in sideways markets.
Recommended usage:
• Timeframes: 15m – 4H
• Best suited for liquid instruments (stocks, crypto, indices)
• Designed for range trading and accumulation strategies
Disclaimer:
This indicator is for educational and informational purposes only and does not constitute financial advice. Trading involves risk, and past performance does not guarantee future results. Always conduct your own analysis and risk management before making trading decisions.
릴리즈 노트
Version 1.1 – Graded Dashboard & Stability Improvements• Added multi-level Range Quality system (VERY LOW, LOW, MEDIUM, HIGH, EXTREME)
• Implemented color-graded dashboard for instant visual decision making
• Improved range quality logic using both range age and support/resistance test count
• Enhanced dashboard readability with clearer structure and color coding
• Maintained locked support & resistance logic to prevent constant recalculation
• Preserved stable range detection until confirmed breakout
• General stability and usability improvements
This update focuses on improving clarity, confidence, and real-time usability for range trading and accumulation strategies.
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면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
보호된 스크립트입니다
이 스크립트는 비공개 소스로 게시됩니다. 하지만 이를 자유롭게 제한 없이 사용할 수 있습니다 – 자세한 내용은 여기에서 확인하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.