Simple Dispertion Zones

Simple Dispersion Zones is a powerful yet easy-to-use indicator that identifies key trading zones by analyzing price dispersion over the last N candles.

It automatically detects areas of price consolidation and highlights them on the chart using a transparent red triangle, providing a clear visual representation of recent market structure.

This tool is perfect for:

  • Drawing trend channels

  • Identifying sideways market zones

  • Supporting breakout and mean-reversion strategies

With its clean and non-intrusive design, Simple Dispersion Zones helps traders stay focused and make informed decisions based on dynamic price ranges.

By calculating the highest and lowest prices over the last N candles, it highlights key dispersion zones with a transparent red triangle, helping you quickly identify important trading areas.

Whether you're drawing trend channels, spotting consolidation zones, or planning breakout entries, this indicator provides a clean and effective way to visualize price behavior.


✅ Simple and intuitive interface
✅ Customizable parameters
✅ Works on any asset and timeframe
✅ Ideal for both beginners and experienced traders


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