Ranged Volume Strategy - evoThis is the strategy version for the ranged volume indicator I published a few days ago.
Long : First yellow break-out after red
Short : First red break-out after yellow
Because this is volume, you want to be using this on an exchange with high volume for the best results. Default settings are not optimized but work great on bitcoins daily chart.
A short explanation of the indicator below:
Cerca negli script per "range"
Range Delta Heiken Ashi Bollinger|Buy/Sell |OB & OS CandlesPurpose: Mathematically represent buying and selling zones for Daily/ Weekly Traders
Indicator: Calculates moving average of the candle's body with respect to the daily trading range
Buy and Sell Signals: Calculates Bollinger Range with Max/Min and Buy/Sell Bollinger signals
Overbought and Oversold Signals: Candlesticks show overbought and oversold conditions
Level of Difficulty: This indicator was written to make life easier. Follow the Rules and anyone can use it.
Rule 1: Buy when candlestick is below "purple" line
Rule 2: Sell when candlestick is above "blue" line
Rule 3: Add bollinger bands to your currency chart
Rule 4: Confirm indicator bollinger bands with currency chart's bollinger bands
Rule 5: Trade in direction of trend
Rule 6: As with all trading; no indicators are fool proof. Please trade responsibly.
****Full Customization for you****
Suggestion 1: Add bollinger bands to currency chart to improve probability
Suggestion 2: Trade the direction of Trend
Suggestion 3: This indicator works very well with Ranged Markets (or use Suggestion 2)
Disclaimer 1: This Indicator words best on Daily and Weekly time frames
Disclaimer 2: Enjoy the Indicator and feel free to ADD COMMENTS; I worked very hard for you and me :)
((Range||Type||Swing))Consecutive Candle range boxes with gradient and number count. Inside Outside and Engulfing color bars plus plots. Strict swing filter plus bonus filter where the 3rd bar in the swing closes below the swing candles high or low respectfully.
How I Use
I use the candle stick patterns to gauge market conditions, the consecutive candle ranges to follow order flow using a closing break of the range and retest and the filtered swings to assist in identifying stronger. If any one wants to create a strategy around this that would be cool i know nothing of coding and do everything with A.I
turns
Range Breakout Signals [AlgoAlpha]OVERVIEW
This script detects range-bound market conditions and breakout signals using a combination of volatility compression and volume imbalance analysis. It identifies zones where price consolidates within a defined range and highlights potential breakout points with visual markers. Traders can use this to spot market transitions from ranging to trending phases, aiding in decision-making for breakout strategies.
CONCEPTS
The script measures volatility by comparing the ratio of the simple moving average (SMA) of price movements to their median value. When volatility drops below a threshold, the script assumes a range-bound market. It then tracks the cumulative volume of buying and selling pressure to assess breakout strength. The approach is based on the idea that market consolidation often precedes strong moves, and volume distribution can provide clues on the breakout direction.
FEATURES
Range Detection : Uses a volatility filter to identify low-volatility zones and marks them on the chart with shaded boxes.
Volume Imbalance Analysis : Evaluates cumulative up and down volume over a confirmation period to assess directional bias.
Breakout Signals : When price exits a detected range, the script plots breakout markers. A ▲ symbol indicates a bullish breakout, and a ▼ symbol indicates a bearish breakout. Additional "+" markers indicate strong volume imbalance favoring the breakout direction.
Adaptive Timeframe Volume Analysis : The script dynamically adjusts its volume calculation based on the chart’s timeframe, ensuring reliable signal generation across different trading conditions.
Alerts : Notifies traders when a new range is detected or when a breakout occurs, allowing for automated monitoring.
USAGE
Traders can use this script to identify potential trade setups by entering positions when price breaks out of a detected range. For breakout confirmation, traders can look at volume imbalance cues—bullish breakouts with strong buying volume may indicate sustained moves, while weak volume breakouts may lead to false signals. This script is particularly useful for breakout traders, range traders seeking to fade breakouts, and those looking to automate trade alerts in volatile markets.
Range Volume ChangeI was looking for a way to see if today's premarket volume is higher or lower than the previous day's premarket, but did not find any, hence, I made my own which I share with you now.
I call it 'Range Volume Change' or just RVC.
RVC will show the percentage of change between the selected time range and the previous day for the same time range.
This will allow us to see if the volume is increasing or decreasing today compared to the previous day by a specific time range that we set in PVC settings. It can do more than just premarket, you can use it for any time range of your interest which will work on 24hours assets like crypto and forex.
RVC visualizes the incremental of the volume using increasing size columns giving you a better view of how the volume changes compared to the past. The column shows the accumulated volume from when the time range started.
As an extra feature, it will also show the volume percentage of change outside the time range (can be disabled from settings).
In addition, RVC is also designed to work on real-time data.
Example of BTCUSDT (24-hour asset) with volume 'outside the time range', enabled (purple columns):
Follow for more awesome indicators/strategies: www.tradingview.com
Range EstimateAs a trader I need to know what are the best ranges to get in or out
So this tool try to help a little bit .
First we have Pivot points (all forms with fib ,traditional etc)
next is percentage channel (uper=upper % from close and Lper=lower % from close) , in btc I use 3% up or low for 1 hour candles as it give me good range of lower and upper bound . This you need to change for different TF or different assets
next we have Bollinger upper and lower (Bup= Bollinger upper and Blow=Bollinger lower) it has also MTF function
last we MA =,20,50,100,200
in total the aim of this indicator is to give fast glance on the numbers that important to you as trader fast with a clean graph so you can add your indicator to it to see better how they work
The info panel you can change the font size, you can change distance by offset
and the position on the graph , you need to adjust with position -in this case since it btc I put number of 8700
let say it ETH then I put a number 5% above the close number
if it XRP = then the same trick , lets say 0.3 etc
Range: OHLC vs Previous OHLC - Version 2Version 1 here -
This is essentially the same as version 1 with one update. You have the freedom to independently choose OHLC for current candle and prior candle.
To elaborate further, Version 1 had 1 choice. For example, Close; you could only compare the close of prior candle to the current candle.
Version 2; you can compare close of the current candle to the low of the prior candle.
Range Gap/Open to Close/Close to CloseThis indicator shows the percentage variation of:
gap
close to close (day including gap)
open to close (without gap)
The green bars represent the days when the variation did not reach the selected range. The red bars show the days when the variation was higher than the selected range.
Best timeframe : DAY
Range Filter + ATR Strategy (Low Drawdown)Key Features for Low Drawdown:
Range Filter: Identifies trends while filtering out market noise
ATR-based Position Sizing: Adjusts position size based on volatility to risk a fixed percentage of capital
Trailing Stops: Uses ATR-based trailing stops to lock in profits and limit losses
Conservative Risk Parameters: Defaults to 1% risk per trade (adjustable)
Trend Confirmation: Requires two consecutive closes above/below the range filter
How to Use:
The strategy enters long when price is above the upper range filter for two consecutive bars
Enters short when price is below the lower range filter for two consecutive bars
Uses ATR to size positions appropriately for current volatility
Implements trailing stops based on ATR to protect profits
Optimization Tips:
Adjust the Range Filter period based on your timeframe
Modify the risk percentage (1% is conservative)
Tweak the ATR multiple for trailing stops (1.5 is moderate)
Consider adding a time-based exit if drawdown is still too high
Range Filter Buy and Sell 5min## **Enhanced Range Filter Strategy: A Comprehensive Overview**
### **1. Introduction**
The **Enhanced Range Filter Strategy** is a powerful technical trading system designed to identify high-probability trading opportunities while filtering out market noise. It utilizes **range-based trend filtering**, **momentum confirmation**, and **volatility-based risk management** to generate precise entry and exit signals. This strategy is particularly useful for traders who aim to capitalize on trend-following setups while avoiding choppy, ranging market conditions.
---
### **2. Key Components of the Strategy**
#### **A. Range Filter (Trend Determination)**
- The **Range Filter** smooths price fluctuations and helps identify clear trends.
- It calculates an **adjusted price range** based on a **sampling period** and a **multiplier**, ensuring a dynamic trend-following approach.
- **Uptrends:** When the current price is above the range filter and the trend is strengthening.
- **Downtrends:** When the price falls below the range filter and momentum confirms the move.
#### **B. RSI (Relative Strength Index) as Momentum Confirmation**
- RSI is used to **filter out weak trades** and prevent entries during overbought/oversold conditions.
- **Buy Signals:** RSI is above a certain threshold (e.g., 50) in an uptrend.
- **Sell Signals:** RSI is below a certain threshold (e.g., 50) in a downtrend.
#### **C. ADX (Average Directional Index) for Trend Strength Confirmation**
- ADX ensures that trades are only taken when the trend has **sufficient strength**.
- Avoids trading in low-volatility, ranging markets.
- **Threshold (e.g., 25):** Only trade when ADX is above this value, indicating a strong trend.
#### **D. ATR (Average True Range) for Risk Management**
- **Stop Loss (SL):** Placed **one ATR below** (for long trades) or **one ATR above** (for short trades).
- **Take Profit (TP):** Set at a **3:1 reward-to-risk ratio**, using ATR to determine realistic price targets.
- Ensures volatility-adjusted risk management.
---
### **3. Entry and Exit Conditions**
#### **📈 Buy (Long) Entry Conditions:**
1. **Price is above the Range Filter** → Indicates an uptrend.
2. **Upward trend strength is positive** (confirmed via trend counter).
3. **RSI is above the buy threshold** (e.g., 50, to confirm momentum).
4. **ADX confirms trend strength** (e.g., above 25).
5. **Volatility is supportive** (using ATR analysis).
#### **📉 Sell (Short) Entry Conditions:**
1. **Price is below the Range Filter** → Indicates a downtrend.
2. **Downward trend strength is positive** (confirmed via trend counter).
3. **RSI is below the sell threshold** (e.g., 50, to confirm momentum).
4. **ADX confirms trend strength** (e.g., above 25).
5. **Volatility is supportive** (using ATR analysis).
#### **🚪 Exit Conditions:**
- **Stop Loss (SL):**
- **Long Trades:** 1 ATR below entry price.
- **Short Trades:** 1 ATR above entry price.
- **Take Profit (TP):**
- Set at **3x the risk distance** to achieve a favorable risk-reward ratio.
- **Ranging Market Exit:**
- If ADX falls below the threshold, indicating a weakening trend.
---
### **4. Visualization & Alerts**
- **Colored range filter line** changes based on trend direction.
- **Buy and Sell signals** appear as labels on the chart.
- **Stop Loss and Take Profit levels** are plotted as dashed lines.
- **Gray background highlights ranging markets** where trading is avoided.
- **Alerts trigger on Buy, Sell, and Ranging Market conditions** for automation.
---
### **5. Advantages of the Enhanced Range Filter Strategy**
✅ **Trend-Following with Noise Reduction** → Helps avoid false signals by filtering out weak trends.
✅ **Momentum Confirmation with RSI & ADX** → Ensures that only strong, valid trades are executed.
✅ **Volatility-Based Risk Management** → ATR ensures adaptive stop loss and take profit placements.
✅ **Works on Multiple Timeframes** → Effective for day trading, swing trading, and scalping.
✅ **Visually Intuitive** → Clearly displays trade signals, SL/TP levels, and trend conditions.
---
### **6. Who Should Use This Strategy?**
✔ **Trend Traders** who want to enter trades with momentum confirmation.
✔ **Swing Traders** looking for medium-term opportunities with a solid risk-reward ratio.
✔ **Scalpers** who need precise entries and exits to minimize false signals.
✔ **Algorithmic Traders** using alerts for automated execution.
---
### **7. Conclusion**
The **Enhanced Range Filter Strategy** is a powerful trading tool that combines **trend-following techniques, momentum indicators, and risk management** into a structured, rule-based system. By leveraging **Range Filters, RSI, ADX, and ATR**, traders can improve trade accuracy, manage risk effectively, and filter out unfavorable market conditions.
This strategy is **ideal for traders looking for a systematic, disciplined approach** to capturing trends while **avoiding market noise and false breakouts**. 🚀
Range Detection [No Repaint]DETECTS RANGE EARLY
Using Confirmed Data:
All calculations now use to reference the previous completed candle
Signals are only generated based on completed candles
Range state is stored and confirmed before displaying
Key Changes to Prevent Repainting:
ATR calculations use previous candle data
Bollinger Bands calculate from previous closes
Price range checks use previous highs and lows
Range state is confirmed before displaying
How to Verify No Repainting:
Signals will only appear after a candle closes
Historical signals will remain unchanged
Alerts will only trigger on confirmed changes
This means:
The indicator will be slightly delayed (one candle)
But signals will be more reliable
Historical analysis will be accurate
Backtesting results will match real-time performance
Usage Tips with No-Repaint Version:
Wait for candle close before acting on signals
Use the confirmed range state for decision making
Consider the one-candle delay in your strategy timing
Alerts will only trigger on confirmed condition changes
Would you like me to:
Add a parameter to choose between real-time and no-repaint modes?
Add visual indicators for pending vs confirmed signals?
Modify the sensitivity of the range detection?
Range Strat - MACD/RSIThis strategy uses a trend based indicator (MACD) for entry/exit signals with a momentum oscillator (RSI) to act as confirmation. Although relying on a trend based indicator this has been created for range bound crypto markets, which have been in a period of chop since June 2022.
Long/Short signals are generated from MACD with the RSI oscillator thresholds suppressing entries at price extremes. This is not a mean reversion RSI strategy! As the indicators are contrary to each other you will need to be generous with the RSI settings in order for signals to trigger.
Strategy is designed for use on the 4h timeframe, it may work well on higher timeframes, but lower time frames will lead to false signals. Use fixed percentage of equity for order size to capture the compounding effect. As a reversal strategy bear in mind that should market trend strongly in either direction stops will be required.
The RSI thresholds can be tailored to provide higher frequency or safer signals. Similarly tweaking MACD settings will provide earlier/more frequent or safer signals. As this is intended to enter near range high / low you should check the visual cues to ensure a ping-pong effect is observed, so that peaks and troughs are captured. Once an observable range is established the strategy works well across a range of crypto markets,
The script is open source, so feel free to amend as you wish. Using a different momentum oscillator may provide better results. I have prior coding experience, but first time using PineScript was last night, so it's not very tidy. I will update this with some additional customisation and TP/SL in the near future.
Usage: Range bound markets
Markets: Cryptocurrency Alts/BTC/ETH
Timeframe: 4h
Range Force Impulse The "Range Force Impulse" indicator combines 4 useful indicators into one, freeing up chart real-estate and giving the trader insight into trend health, bull/bear commitment, range and volatility all at a glance.
The indicator consists of the following:
Direction - True Range and Average True Range columns shown above and below 0 depending on direction of the period's price
-- TR (gray) shows the current period's trading volatility
-- ATR (Impulse colors, see below) shows an EMA of TR over a specified length
-- Can be used to determine stops and targets (Example: Stop loss at prev close - ATR, Target at 2x ATR)
Index - Alexander Elder's EMA of (change(close) * volume), shows crosses above 0 (green) and below 0 (red), and intermediate signals
-- Shows bull vs. bear interest/commitment/dominance
-- Elder recommends EMA length of 2 for daily chart buy/sell signals, and 13 for weekly chart bull/bear dominance & trend direction signals
-- Intermediate signals are shown above 0 when falling (salmon), or below 0 when rising (pale yellow)
System - Range columns are colored using Alexander Elder's censorship system (green: do not short, red: do not long, blue: is up to you)
-- Shows overall trend health (Macd histogram and EMA up/down changes)
Range & Pct Change Table (Interactive)Indicator creates an interactive element that displays two key metrics for any selected candle:
1. Range - The difference between high and low prices (H-L)
2. Percentage Change - The percent change from open to close ((C-O)/O × 100)
Key Features
- Interactive Reference Point: Users can select any candle as a reference point using the time input
- Customizable Table: The table can be shown/hidden and positioned in different chart locations
This indicator is particularly useful for quickly analyzing the volatility (range) and directional movement (percentage change) of specific candles without having to manually calculate these values.
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 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.
