Download MetaTrader 5

ULTIMATE INDICATOR to Identify Ranges\Trends - RangeIndicator

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M256
182
M256  

I GIVE YOU THE ULTIMATE TOOL FOR IDENTIFYING TRENDS AND RANGES!

Interpretation:

While price is Black - price is in range.

When price turns Greentrend is present.

Change 'Length' to control the sensitivity of the indicator.

Download here.

Files:
4.jpg 275 kb
2.jpg 321 kb
forexsys1
16
forexsys1  

Is this suitable for short- or long-term trading?

fxxx
7
fxxx  
M256:
I GIVE YOU THE ULTIMATE TOOL FOR IDENTIFYING TRENDS AND RANGES! Interpretation: While price is Black - price is in range. When price turns Greentrend is present. Change 'Length' to control the sensitivity of the indicator. Download here.

if you think it's trending - does it trending up or down? rediculos

[ATTACH]4015[/ATTACH]

ultimate... same simpol range, ravi, ind.

what you give us? just .ex shell..? i give you .mq4 file...

her's the better one - and the source: MaxRange - MQL4 Code Base

and the RAVI (one of many) - Indicator RAVI (Modification) - MQL4 Code Base

Files:
M256__1ed.jpg 124 kb
fxtrendline
171
fxtrendline  

I think it should needs further test

fxxx
7
fxxx  

what the point of testing - if it's "ULTIMATE"?

there are many like this and better - StD, range, ma angle, ravi, atr, bbwidth, PrChanl, - all good, - and they don't call itself "ultimate"

and this one gives you only only .ex ... - to test...

M256
182
M256  
forexsys1:
Is this suitable for short- or long-term trading?

Both. It depends of your chart period.

I like to call it ultimate.. I am a megalomaniac

You are all welcome to use any other range indicator you like, however I like this one :-)

Good trading everybody!

rjd007
3
rjd007  

Does anyone still have this indicator from their archives? Depositfiles has deleted it.

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