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Range Trader By ScorpionFX

21 February 2019, 10:39

Yossarian Escobedo

120

DON'T WASTE YOUR TIME OR MONEY WITH AMATEURS.

WE HAVE ALMOST 30 YEARS OF INSTITUTIONAL EXPERIENCE.

AND WE HAVE THE PERFORMANCE RECORD TO BACK IT UP.

THIS IS A GENERAL OVERVIEW OF THE BENEFITS, FEATURES AND PARAMETERS OF THIS INDICATOR.

BUT PLEASE BE SURE TO CONTACT US AFTER YOUR PURCHASE. AND WE WOULD BE HAPPY

TO SEND YOU MANY MORE DETAILS REGARDING THIS INDICATOR AND THE BEST

WAYS TO USE IT. INCLUDING ADVICE ON THE BEST PAIRS TO MONITOR,

BEST TIME FRAMES, BEST SETTINGS ETC.

AS WELL AS SOME CRITICALLY IMPORTANT TRADING INFORMATION,

FOR ACHIEVEING THE BEST RESULTS IN YOUR LONG TERM TRADING CAREER.

INCLUDING STRATEGY SELECTION, POSITION SIZING AND LONG TERM TRADING DEVELOPMENT.

RANGE TRADER:

This indicator has been designed to automatically identify high probability range trading opportunities.
The goal is to find non trending pairs that are coming off a recent high / low. And this indicator uses

two filters (RSI and ADX) to identify these opportunities.

IMPORTANT FACTORS TO KEEP IN MIND:

The FX market is range bound at least 70% of the time. And range trading has several distinct
advantages that make it safer and more predictable than other trading styles. Such as lower
levels of volatility, as well as pre-defined areas for entries and exits.

And this is why some of the largest institutions in the world will specifically focus on the least

volatile instruments. As these are the instruments that display the most range-bound behavior.

Features:

This indicator can monitor all 28 pairs at the same time.
It can monitor every timeframe, from 1 Minute to Monthly. All at the same time.
It will automatically trigger an alert whenever the appropriate pattern is identified.
It can monitor any symbol in your Metatrader platform. Including crypto, commodities, indices, equities, ETF's etc.
The indicator includes two separate filters (RSI and ADX), in order to identify the best possible setups.

- This indicator only needs to be placed on one chart and it will simultaneously monitor the entire market, all on one screen.

This will save you an enormous amount of time and effort. As you won't have to flip through dozens of charts for analysis.
And this will allow you to focus on other aspects of your trading. Such as further technical (or fundamental analysis).
This will also give you more time to find other trading opportunities.

Indicator Parameters:

RSI Period: Setting for RSI filter
RSI Up Level: Overbought level for RSI filter.
RSI Down Level: Oversold level for RSI filter.
ADX Period:Setting for ADX filter
ADX Level:Setting for ADX filter
Symbols: The indicator monitors the top 28 pairs by default, but you can select less pairs if you wish.
Use M1 TimeFrame: True = Yes, False = No
Use M5 TimeFrame: True = Yes, False = No
Use M15 TimeFrame: True = Yes, False = No
Use M30 TimeFrame: True = Yes, False = No
Use H1 TimeFrame: True = Yes, False = No
Use H4 TimeFrame: True = Yes, False = No
Use D1 TimeFrame: True = Yes, False = No
Use W1 TimeFrame: True = Yes, False = No
Use MN1 TimeFrame: True = Yes, False = No

See the images below for further details.
And contact us if you have any questions.

We reply to all questions within 24 hours. And depending on the total volume
of inquiries that we have, we can sometimes answer in less than 1 hour.

Even on weekends and holidays.

We are always here to help. =)

THANK YOU

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GENERAL INTRODUCTION:

Thank you for taking the time to review our indicators.

Please note that we have almost 30 years of institutional experience
in the forex market. We work with clients from all over the world.
And we are (by far) the largest, most experienced and most qualified

company offering products on this platform.

If you would like further details regarding our experience and background,
please take a look at our profile. And you will get a better understanding
of our overall trading experience and our approach to the market.

https://www.mql5.com/en/users/escobedofx21

REGARDING OUR INDICATORS:

All of our indicators have been designed through the lens of various
institutional trading approaches. And our indicators are currently
being used by well over 50,000 retail traders globally.

We focus on clean and effective designs for our indicators.
And our indicators will never clutter your screen with useless
or unnecessary data or distractions.

Please take a look at all the information below and let us know
if you have any questions about anything.

We are always here to help.

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RANGE TRADER 1

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GENERAL DESCRIPTION:

This indicator monitors all 28 pairs and all the time frames.
And it uses two powerful filters (RSI and ADX) to automatically

identify the highest probability ranging opportunities in the market.

When it finds one of these patterns, it will send you a real time alert.

VERY IMPORTANT
PLEASE NOTE:

In addition to forex pairs, this indicator can also monitor any other symbol
that is offered in your Metatrader platform. Including crypto, commodities,

indices, equities, ETF's etc.

Best of all, this indicator only needs to be placed on one chart.
And it will simultaneously monitor the entire market, all on one screen.
Allowing you to easily find as many trading opportunities as possible.

This will save you an enormous amount of time and effort. As you won't have to flip
through dozens of charts for analysis. And this will allow you to focus on other aspects

of your trading. Such as further technical or fundamental analysis.

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RANGE TRADER 2

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EXAMPLES OF HIGH PROBABILITY

RANGE TRADING OPPORTUNITIES:

Here are two examples of what a high probability range trade looks like.

EXAMPLE # 1 (ON THE LEFT):

On the left, you have a bearish signal with RSI crossing back under '70'.
Which means that the pair is coming down from a recent high.

And it has ADX under '25'. Which means that the pair is consolidating.

EXAMPLE # 2 (ON THE RIGHT):

On the right, you have a bullish signal with RSI crossing back over '30'.
Which means that the pair is coming up from a recent low.

And it has ADX under '25'. Which means that the pair is consolidating.

These are extremely simple and straight forward patterns to trade.
Without the need for you to analyze any type of unnecessary data.

And without the need for you to decipher any kind of complex patterns.

And best of all, the indicator will do all of the hard work of finding

these patterns for you. Anywhere across the entire market.

***THE SIGNIFICANCE OF CONSOLIDATION:

After a recent high or recent low, consolidation is usually what happens
before a currency pair makes either a retracement or a reversal.
And this is especially true when you are trading during times of
low market volatility.

This is why we included this ADX filter in this indicator. So that you
can have the highest probability of getting into a trade before

the upcoming retracement or reversal, back into a range.

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RANGE TRADER 3

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ALERTS WITH FULL DETAILS:

The alerts will provide you with all the details you need.
Including the following:

- The currency pair where the pattern has been found.
- The time frame where the pattern has been found.
- The type of signal that is being alerted (bullish or bearish).

- The market time of the alert.

EXAMPLE OF BULLISH SIGNAL:

In this example, you have a bullish signal with RSI crossing back over '30'.
Which means that the pair is coming up from a recent low.

And it has ADX under '25'. Which means that the pair is consolidating.

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RANGE TRADER 4

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INDICATOR PARAMETERS EXPLAINED:

1) RSI FILTER:

These patterns are much more reliable when coming off of a recent high or low.
And the RSI filter allows you to confirm that the pair is coming off of a recent high or low.

You can select the full parameters for the RSI filter. And the pattern must
be formed in accordance to your filter, in order for the alert to be triggered.

Saving you lots of time (and potential losses) by avoiding weak signals.

2) ADX FILTER:

These patterns are much more reliable when the pair is consolidating (no longer trending).
And the ADX filter allows you to confirm that the pair is currently going through consolidation.

You can select the full parameters for the ADX filter. And the pattern must
be formed in accordance to your filter, in order for the alert to be triggered.

Saving you lots of time (and potential losses) by avoiding weak signals.

3) PAIRS TO MONITOR:

You have full control over which pairs you would like to monitor.
The indicator monitors all 28 pairs by default. But you can choose

to monitor fewer pairs if you wish.

4) TIME FRAMES TO MONITOR:

You also have full control over which time frames you wish to monitor.
The indicator monitors all 9 time frames by default. But you can choose

to monitor fewer time frames if you wish.

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PLEASE LET US KNOW IF YOU HAVE ANY QUESTIONS ABOUT ANYTHING YOU SEE HERE.
AND PLEASE BE SURE TO CONTACT US AFTER YOUR PURCHASE. AS WE WOULD BE HAPPY

TO SEND YOU FULL DETAILS FOR THE BEST WAYS TO USE THIS POWERFUL INDICATOR.

INCLUDING SOME VALUABLE ADVICE ON THE BEST PAIRS TO MONITOR, BEST TIME FRAMES,
BEST SETTINGS ETC. AS WELL AS SOME VERY, VERY IMPORTANT TRADING INFORMATION.

FOR ACHIEVING THE BEST RESULTS IN YOUR LONG TERM TRADING CAREER.

THANKS AGAIN FOR REVIEWING OUR INDICATORS.

AND WE LOOK FORWARD TO WORKING WITH YOU SOON.

Best Regards,

Support Team

ScorpionFX.com

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Range Trader By ScorpionFX