Range Detector Converted

  • Indicators
  • Mahdi Ebrahimzadeh
    Mahdi Ebrahimzadeh
    I'm a full-time coder at mql5.com
    So interested in New Ideas, and Love to solve Problems with high difficulties through non predictable and totally creative ways.
    Services:
    - Developing and optimizing Expert Advisor, Indicators, Utilities, etc. in mql4 and mql5.
  • Version: 2.0
  • Updated: 9 March 2024
  • Activations: 5

Indicator converted from another platform which was coded by LuxAlgo.

I added Moving Average different type also source data variety. At original version moving average is SMA and data source from market gathered just from close of candles. 

In this version you can select many moving average types and also source data like high/low/HL2/HLC/HLC2/.. .

here are some details from original developer:

The Range Detector indicator aims to detect and highlight intervals where prices are ranging. The extremities of the ranges are highlighted in real-time, with breakouts being indicated by the color changes of the extremities.

Ranging prices are defined by a period of stationarity, that is where prices move within a specific range.

Detecting ranging markets is a common task performed manually by traders. Price breaking one of the extremities of a range can be indicative of a new trend, with an uptrend if price breaks the upper range extremity, and a downtrend if price breaks the lower range extremity.

Ranges are highlighted as zones and are set retrospectively, that is the starting point of a range is offset in the past. The exact moment a range is detected is highlighted by a gray background color. The average between the maximum/minimum of a zone is also highlighted as a dotted line and is also set retrospectively.


The range extremities are set in real-time, blue extremities indicate the range extremities were not broken, green extremities indicate that price broke the upper range extremity, while red extremities indicate price broke the lower range extremity.


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Mahdi Ebrahimzadeh
Product is converted from another platform and original created by TradeMaster Lite . Indicator basically uses MACD concept but enforces its abilities by different types of Averaging techniques. It is powerful for Trend and reversal identifying. Indicator is Multi-TF. Here is some details from original owner: We present a customizable MACD indicator, with the following features: Multi-timeframe Deviation bands to spot unusual volatility 9 Moving Average types Conditional coloring and line cross
Market Steps MT5
Mahdi Ebrahimzadeh
Market Steps indicator is designed and built based on Gann Time/Price correlations and optimized by Price Action specific rules for Financial Markets such as Forex. It uses Market order flow concepts to predict potential price zones for high volume of orders.  Indicator Levels can be used for trading itself or as a combination for filtering wrong signals of other Strategies/Indicators. Every trader needs such powerful tool to have multi-time-frame (TF) zones and price movement potentials togethe
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