Range Detector

Unlock the power of the Range Detector, an innovative indicator designed to elevate your trading experience. This intelligent tool goes beyond traditional indicators, offering real-time detection and highlighting of crucial price ranges. Whether you're a seasoned trader or a newcomer to the market, the Range Detector provides a comprehensive solution for identifying key intervals where prices are ranging.

Key Features:

• Dynamic Range Highlighting - dynamically highlights upper and lower levels of price ranges in real-time. 
• Breakouts - when the price breakout the raging zones, the levels will change color signaling decisive movements in the market.
• Zone Visualization - ranges are clearly defined zones with distinct upper and lower levels. The start of each zone is marked with a silver background, providing a visual anchor for informed decision-making.

Range Levels are series plots, facilitating seamless integration with algo trading strategies. Algo traders can effortlessly automate their strategy or build an automated backtesting scripts.

Changed to Version 1.3

- Added Fibonacci levels which can help traders to set take profits