MTF Previous Open/Close/RangeThis indicator will simply plot on your chart the Daily/Weekly/Monthly previous candle levels.
The "Auto" mode will allow automatic adjustment of timeframe displayed according to your chart.
Otherwise you can select manually.
Indicator plots the open/close and colors the high-low range area in the background.
Hope this simple indicator will help you !
You can check my indicators via my TradingView's Profile : @PRO_Indicators
Pesquisar nos scripts por "range"
Up/Down RangeMeasuring the difference between the highs and lows from the average, this measure can serve as a proxy for the volatility, just like the ATR.
However, it breaks the range into an upward and a downward moving component, so it also gives information about the current trend direction.
In fact, I turned it into a momentum indicator here:
Narrow Range + Inside Day, Long Only Strategy (by ChartArt)This long only strategy determines when there is both a NR7 (narrow range 7, a trading day in which the range is narrower than any of the previous six days), plus a inside day (high of the current day is lower than the high of the previous day and the low of the current day is higher than the low of the previous day) both on the same trading day and enters a long trade when the close is larger than the open and the slope of the simple moving average is upwards, too.
The strategy closes the long trade next time the daily close is larger than the open in any of the next trading days. In addition the NR7ID can be colored (the color is green when the close is larger that day than the open, else the color is red) and the SMA can be drawn with a color based on the direction of the SMA slope. To fine-tune the strategy it is highly recommended to change the period length of the SMA, which determines if the measured SMA slope is upwards or not.
Inspiration:
How to trade NR7 and Inside Day Pattern
paststat.com
Code credit:
NR7 indicator script from Tradingview user Lazybear:
pastebin.com
Function Frequency of RangeFunction to derive the frequency a range is visited over time.
returns value (0 to 1) percent multiplier
[RS]Multiple Time Frame Range Swing V0EXPERIMENTAL:
(republishing, previous had alot of lines crowding the chart)
MTF Range Swing.
GS_Opening-Range-V1ORB Opening Range Breakout 5 and 3O Minute Indicator
Kudos to Chris Moody for the inspiration to create my first indicator.
The 5 and 30 run together at times but the scalp would be when the equity breaks the 5 go long or short for the scalp and when it breaks the 30 go for the swing trade.
[RS][ALPHA]Predictive Range Analysis V0this code is untested use at your own risk...
applying timed price change over the square to predict price expansion or contraction of the range, it is not predicting the future price only the range that is possible for the price to be in within a margin of error of possibility, with that said i think its very unlikely for price to fall outside the range, due to virtual constraint applied by the auto corrective/cyclical nature of price action.
Average True Range Trailing Stops ColoredAverage True Range Trailing Stops Strategy, by Sylvain Vervoort
The related article is copyrighted material from Stocks & Commodities Jun 2009
Average True Range Trailing Stops, by Sylvain Vervoort Average True Range Trailing Stops, by Sylvain Vervoort
The related article is copyrighted material from Stocks & Commodities Jun 2009
5 Day Average Daily RangeSimple 5 day average range, adjust to true price movement rather than fixed levels.
-Enjoy
Range Breakout with Volume ConfirmationRange Breakout along with Volume Build up. However, ADX needs to be checked manually
Range Trading StrategyOVERVIEW
The Range Trading Strategy is a systematic trading approach that identifies price ranges
from higher timeframe candles or trading sessions, tracks pivot points, and generates
trading signals when range extremes are mitigated and confirmed by pivot levels.
CORE CONCEPT
The strategy is based on the principle that when a candle (or session) closes within the
range of the previous candle (or session), that previous candle becomes a "range" with
identifiable high and low extremes. When price breaks through these extremes, it creates
trading opportunities that are confirmed by pivot levels.
RANGE DETECTION MODES
1. HTF (Higher Timeframe) Mode:
Automatically selects a higher timeframe based on the current chart timeframe
Uses request.security() to fetch HTF candle data
Range is created when an HTF candle closes within the previous HTF candle's range
The previous HTF candle's high and low become the range extremes
2. Sessions Mode:
- Divides the trading day into 4 sessions (UTC):
* Session 1: 00:00 - 06:00 (6 hours)
* Session 2: 06:00 - 12:00 (6 hours)
* Session 3: 12:00 - 20:00 (8 hours)
* Session 4: 20:00 - 00:00 (4 hours, spans midnight)
- Tracks high, low, and close for each session
- Range is created when a session closes within the previous session's range
- The previous session's high and low become the range extremes
PIVOT DETECTION
Pivots are detected based on candle color changes (bullish/bearish transitions):
1. Pivot Low:
Created when a bullish candle appears after a bearish candle
Pivot low = minimum of the current candle's low and previous candle's low
The pivot bar is the actual bar where the low was formed (current or previous bar)
2. Pivot High:
Created when a bearish candle appears after a bullish candle
Pivot high = maximum of the current candle's high and previous candle's high
The pivot bar is the actual bar where the high was formed (current or previous bar)
IMPORTANT: There is always only ONE active pivot high and ONE active pivot low at any
given time. When a new pivot is created, it replaces the previous one.
RANGE CREATION
A range is created when:
(HTF Mode) An HTF candle closes within the previous HTF candle's range AND a new HTF
candle has just started
(Sessions Mode) A session closes within the previous session's range AND a new session
has just started
Or Range Can Be Created when the Extreme of Another Range Gets Mitigated and We Have a Pivot low Just Above the Range Low or Pivot High just Below the Range High
Range Properties:
rangeHigh: The high extreme of the range
rangeLow: The low extreme of the range
highStartTime: The timestamp when the range high was actually formed (found by looping
backwards through bars)
lowStartTime: The timestamp when the range low was actually formed (found by looping
backwards through bars)
highMitigated / lowMitigated: Flags tracking whether each extreme has been broken
isSpecial: Flag indicating if this is a "special range" (see Special Ranges section)
RANGE MITIGATION
A range extreme is considered "mitigated" when price interacts with it:
High is mitigated when: high >= rangeHigh (any interaction at or above the level)
Low is mitigated when: low <= rangeLow (any interaction at or below the level)
Mitigation can happen:
At the moment of range creation (if price is already beyond the extreme)
At any point after range creation when price touches the extreme
SIGNAL GENERATION
1. Pending Signals:
When a range extreme is mitigated, a pending signal is created:
a) BEARISH Pending Signal:
- Triggered when: rangeHigh is mitigated
- Confirmation Level: Current pivotLow
- Signal is confirmed when: close < pivotLow
- Stop Loss: Current pivotHigh (at time of confirmation)
- Entry: Short position
Signal Confirmation
b) BULLISH Pending Signal:
- Triggered when: rangeLow is mitigated
- Confirmation Level: Current pivotHigh
- Signal is confirmed when: close > pivotHigh
- Stop Loss: Current pivotLow (at time of confirmation)
- Entry: Long position
IMPORTANT: There is only ever ONE pending bearish signal and ONE pending bullish signal
at any given time. When a new pending signal is created, it replaces the previous one
of the same type.
2. Signal Confirmation:
- Bearish: Confirmed when price closes below the pivot low (confirmation level)
- Bullish: Confirmed when price closes above the pivot high (confirmation level)
- Upon confirmation, a trade is entered immediately
- The confirmation line is drawn from the pivot bar to the confirmation bar
TRADE EXECUTION
When a signal is confirmed:
1. Position Management:
- Any existing position in the opposite direction is closed first
- Then the new position is entered
2. Stop Loss:
- Bearish (Short): Stop at pivotHigh
- Bullish (Long): Stop at pivotLow
3. Take Profit:
- Calculated using Risk:Reward Ratio (default 2:1)
- Risk = Distance from entry to stop loss
- Target = Entry ± (Risk × R:R Ratio)
- Can be disabled with "Stop Loss Only" toggle
4. Trade Comments:
- "Range Bear" for short trades
- "Range Bull" for long trades
SPECIAL RANGES
Special ranges are created when:
- A range high is mitigated AND the current pivotHigh is below the range high
- A range low is mitigated AND the current pivotLow is above the range low
In these cases:
- The pivot value is stored in an array (storedPivotHighs or storedPivotLows)
- A "special range" is created with only ONE extreme:
* If pivotHigh < rangeHigh: Creates a range with rangeHigh = pivotLow, rangeLow = na
* If pivotLow > rangeLow: Creates a range with rangeLow = pivotHigh, rangeHigh = na
- Special ranges can generate signals just like normal ranges
- If a special range is mitigated on the creation bar or the next bar, it is removed
entirely without generating signals (prevents false signals)
Special Ranges
REVERSE ON STOP LOSS
When enabled, if a stop loss is hit, the strategy automatically opens a trade in the
opposite direction:
1. Long Stop Loss Hit:
- Detects when: position_size > 0 AND position_size <= 0 AND low <= longStopLoss
- Action: Opens a SHORT position
- Stop Loss: Current pivotHigh
- Trade Comment: "Reverse on Stop"
2. Short Stop Loss Hit:
- Detects when: position_size < 0 AND position_size >= 0 AND high >= shortStopLoss
- Action: Opens a LONG position
- Stop Loss: Current pivotLow
- Trade Comment: "Reverse on Stop"
The reverse trade uses the same R:R ratio and respects the "Stop Loss Only" setting.
VISUAL ELEMENTS
1. Range Lines:
- Drawn from the time when the extreme was formed to the mitigation point (or current
time if not mitigated)
- High lines: Blue (or mitigated color if mitigated)
- Low lines: Red (or mitigated color if mitigated)
- Style: SOLID
- Width: 1
2. Confirmation Lines:
- Drawn when a signal is confirmed
- Extends from the pivot bar to the confirmation bar
- Bearish: Red, solid line
- Bullish: Green, solid line
- Width: 1
- Can be toggled on/off
STRATEGY SETTINGS
1. Range Detection Mode:
- HTF: Uses higher timeframe candles
- Sessions: Uses trading session boundaries
2. Auto HTF:
- Automatically selects HTF based on current chart timeframe
- Can be disabled to use manual HTF selection
3. Risk:Reward Ratio:
- Default: 2.0 (2:1)
- Minimum: 0.5
- Step: 0.5
4. Stop Loss Only:
- When enabled: Trades only have stop loss (no take profit)
- Trades close on stop loss or when opposite signal confirms
5. Reverse on Stop Loss:
- When enabled: Hitting a stop loss opens opposite trade with stop at opposing pivot
6. Max Ranges to Display:
- Limits the number of ranges kept in memory
- Oldest ranges are purged when limit is exceeded
KEY FEATURES
1. Dynamic Pivot Tracking:
- Pivots update on every candle color change
- Always maintains one high and one low pivot
2. Range Lifecycle:
- Ranges are created when price closes within previous range
- Ranges are tracked until mitigated
- Mitigation creates pending signals
- Signals are confirmed by pivot levels
3. Signal Priority:
- Only one pending signal of each type at a time
- New signals replace old ones
- Confirmation happens on close of bar
4. Position Management:
- Closes opposite positions before entering new trades
- Tracks stop loss levels for reverse functionality
- Respects pyramiding = 1 (only one position per direction)
5. Time-Based Drawing:
- Uses time coordinates instead of bar indices for line drawing
- Prevents "too far from current bar" errors
- Lines can extend to any historical point
USAGE NOTES
- Best suited for trending and ranging markets
- Works on any timeframe, but HTF mode adapts automatically
- Sessions mode is ideal for intraday trading
- Pivot detection requires clear candle color changes
- Range detection requires price to close within previous range
- Signals are generated on bar close, not intra-bar
The strategy combines range identification, pivot tracking, and signal confirmation to
create a systematic approach to trading breakouts and reversals based on price structure, past performance does not in any way predict future performance
Range Opening (ADX)▶ OVERVIEW
Range Opening (ADX) dynamically detects market opening ranges triggered by ADX (Average Directional Index) momentum shifts. Upon a user-defined ADX crossover or crossunder event, it builds a volume-based range box that tracks high and low prices over a fixed bar length and visualizes order flow pressure with delta volume and breakout buffer zones.
▶ RANGE TRIGGER VIA ADX CROSSOVER
The range begins when ADX crosses a custom threshold, indicating a shift in trend strength:
Users choose between ADX crossover or crossunder as the trigger.
Once triggered, the indicator starts collecting price and volume data for the specified “Range Opening Length.”
The ADX plot on the subchart is colored dynamically using a green-to-magenta gradient based on its strength.
A small label marks the ADX crossover/crossunder event visually.
▶ RANGE DEVELOPMENT BOX
While the range is forming:
Price highs and lows over the defined period are collected and stored.
A temporary gray box is drawn between the maximum high and minimum low, showing the developing range.
At each bar, delta volume is updated:
Positive if close > open
Negative if close < open
A total delta volume value is shown inside the developing box for real-time monitoring.
▶ RANGE COMPLETION & BREAKOUT LINES
Once the range completes (after the defined bar count):
The gray box is replaced with a finalized, color-coded range box.
Color Logic:
Green box if delta volume is positive (bullish bias)
Magenta box if delta is negative (bearish bias)
Two solid horizontal lines are drawn:
Top line from the range high
Bottom line from the range low
Two dashed lines are added above and below the range using ATR-based buffers, acting as buffer zones.
These lines extend until a new ADX trigger occurs, helping track future price interaction with the range.
▶ INFO PANEL & STATUS MONITORING
A compact data table appears in the top-right corner, offering quick insight:
ADX: Current value, color-coded to strength.
Threshold: User-defined trigger level.
Range Status:
Shows a green diamond when range is still forming.
Shows a magenta diamond after the range has completed.
Tooltip updates to “Developing” or “Formatted” based on stage.
▶ USAGE
Traders can use Range Opening (ADX) to:
Identify periods of strength expansion and price consolidation using ADX signals.
Track breakout potential and liquidity zones formed during opening-type setups.
Monitor delta volume to gauge buying/selling bias inside short-term ranges.
Use ATR buffer zones for breakout confirmation or fade setups.
Visually mark where the most recent structured range was defined.
▶ CONCLUSION
Range Opening (ADX) offers a systematic method to detect and monitor market ranges triggered by volatility surges. With real-time delta volume insight, persistent breakout levels, and ADX-driven logic, it serves as a versatile tool for both breakout traders and range strategists looking to capitalize on momentum-based setups.
Range Projections [TFO]The purpose of this indicator is to see how often price reached certain standard deviations from a selected time range. The inspiration for this was to study ICT (Inner Circle Trader) concepts regarding the Central Bank Dealer’s Range (CBDR), which is 2:00 pm - 8:00 pm New York local time according to ICT Core Content. However, the idea and data collection could certainly be applied to any range of time.
The main settings of this indicator are session time, range type, and the standard deviation filter. The session time is the window of price that will be utilized for range projections. The range type can be either body or wick (on the current timeframe). The standard deviation filter is used to eliminate sessions whose ranges (from high to low) are greater than the desired/input number of standard deviations from all available session ranges.
In this example, the time range is set to 16:00 - 20:00, or the time between the New York session close and the Asia session open. Our standard deviations are set to 1, 2, 2.5, and 4. Now, by taking this session’s price range and extrapolating these extensions from the initial range, we can use these levels to see if and how price interacts with them before the next 16:00 - 20:00 session.
Furthermore, we can enable the Data Table to analyze how often price trades to these levels for the sessions that are deemed valid (determined by the standard deviation filter). This time our standard deviations are set to 1, 2, 3, and 4.
This concept can theoretically be applied to any window of time. ICT has mentioned that, in instances where the CBDR is too large, the Asia range may be used instead. We can observe that the indicator behaves the same way when we change the session to the Asia range, 20:00 - 00:00.
