Range Canvas MT4

5

Daily Range Boxes: The indicator draws rectangular boxes around each day's high and low prices, creating a clear visual boundary for the daily trading range.

Color-Coded Logic:

  • Green boxes when the current price (or close) is above the daily open
  • Red boxes when the current price is below the daily open

Percentage Level Lines: Inside each box, it draws three horizontal lines at:

  • 25% of the daily range
  • 50% of the daily range (midpoint)
  • 75% of the daily range

Range Information: Each box displays the pip range at the bottom, showing exactly how many pips the day moved from high to low.

Customizable Settings

The indicator offers extensive customization options:

  • Number of days to display (default: 50)
  • Box colors for bullish/bearish days
  • Line styles and widths for both boxes and percentage lines
  • Transparency level for the boxes
  • Option to show/hide the percentage lines

Practical Use

This indicator is particularly useful for:

  • Support/Resistance Analysis: Daily highs and lows often act as key levels
  • Range Trading: Identifying when price is at the top, middle, or bottom of daily ranges
  • Volatility Assessment: Quickly seeing which days had larger or smaller ranges
  • Pattern Recognition: Spotting trends in how price interacts with daily levels

The visual representation makes it easy to spot patterns like whether price tends to respect certain percentage levels within daily ranges, or how current price action compares to recent daily ranges.



Reviews 3
Kari Ferry
18
Kari Ferry 2025.11.23 11:25 
 

Good

wuzzy66
1007
wuzzy66 2025.05.18 03:08 
 

Good

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GoldRush Trend Arrow Signal V1.6 The GoldRush Trend Arrow Signal indicator V1.6 continues to provide precise, real-time trend analysis tailored for high-speed, short-term scalpers in XAU/USD , but it now has additional features and improved efficiency and reliability. Built specifically for the 1-minute time frame, this tool displays directional arrows for clear entry points, allowing scalpers to navigate volatile market conditions with confidence. The indicator consists of PRIMARY and SECONDARY
PZ Head and Shoulders MT4
PZ TRADING SLU
Indicators
Master head and shoulders patterns for better trading decisions A head and shoulders pattern is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. It predicts a bullish-to-bearish trend reversal and is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that a trend is nearing its end. [ Installation Guide | Update Guide | Trouble
Crystal Heikin Ashi Signals MT4
Muhammad Jawad Shabir
Indicators
CRYSTAL HEIKIN ASHI SIGNALS MT4 Professional Trend Detection Indicator with Smart Entry Signals See the Trend. Catch the Move. Trade with Confidence. The professional Heikin Ashi indicator built for traders who want clarity, precision, and EA-ready signal automation. WHAT IS CRYSTAL HEIKIN ASHI SIGNALS? Crystal Heikin Ashi Signals is a professional-grade MetaTrader 4 indicator that combines pure Heikin Ashi candle visualization with an advanced momentum-shift detection system. Designed for both
Peak Formation Dashboard Pro MT4
Sarika G Talekar
Indicators
The Propfolio Master Suite is the ultimate all-in-one analytical workstation for professional traders. Combining the power of the Beat The Market Maker (BTMM) methodology, Smart Money Concepts (SND/Liquidity), and Advanced Volume Profile, this suite replaces multiple different indicators with one optimized engine. Monitor up to 14 pairs simultaneously from a single chart, instantly identify market cycles, and seamlessly map institutional footprints with the click of a button. The Command Center
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Range Canvas MT5
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Indicators
Daily Range Boxes : The indicator draws rectangular boxes around each day's high and low prices, creating a clear visual boundary for the daily trading range. Color-Coded Logic : Green boxes when the current price (or close) is above the daily open Red boxes when the current price is below the daily open Percentage Level Lines : Inside each box, it draws three horizontal lines at: 25% of the daily range 50% of the daily range (midpoint) 75% of the daily range Range Information : Each box displa
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Swift Symbol Switch
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Add a clean, on-chart button panel that lets you instantly switch between any forex pair, crypto, or commodity with a single click—no typing, no symbol search, and no menu digging required. This EA works seamlessly with any MT4 broker and on any timeframe, making it ideal for scalpers, swing traders, and long-term analysts alike. It automatically detects broker-specific symbol suffixes, highlights the currently active pair for easy tracking, and includes both light and dark mode themes to match
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Phantom Bands
Luke Anthony Caras
Indicators
Phantom Bands – MT4 Indicator Zone-Based Reaction Levels for Price Action Traders Phantom Bands is a MetaTrader 4 custom indicator that draws multiple adaptive bands on your chart. These levels are designed to assist traders in identifying potential price interaction zones based on internal logic — particularly useful for short-term discretionary strategies. Description This indicator creates zone-based bands around internal pivots. The logic behind the bands is based on price interaction
Historical Pivot Zones
Luke Anthony Caras
Indicators
Historical Pivot Zones Indicator This is a sophisticated support and resistance indicator that automatically identifies and displays multiple price levels based on historical data. Here's what makes it valuable: Core Functionality The Historical Pivot Zones indicator analyzes previous time periods (2 days, 2 weeks, 2 months, or 2 years ago) to establish support and resistance zones that are projected onto your current chart. It creates a comprehensive framework of potential price reaction zones
Phantom Bands MT5
Luke Anthony Caras
Indicators
Phantom Bands – MT5 Indicator Zone-Based Reaction Levels for Price Action Traders Phantom Bands is a MetaTrader 5 custom indicator that draws multiple adaptive bands on your chart. These levels are designed to assist traders in identifying potential price interaction zones based on internal logic — particularly useful for short-term discretionary strategies. Description This indicator creates zone-based bands around internal pivots. The logic behind the bands is based on price interaction
Historical Pivot Zones MT5
Luke Anthony Caras
Indicators
Historical Pivot Zones - Fibonacci Indicator MT5 Automatically draws Fibonacci retracement and projection zones based on historical price pivots. This MT5 indicator intelligently selects pivot points from different timeframes (weekly, monthly, or 6-month ranges) and creates visual Fibonacci zones around key levels. Features include: Smart Mode Selection - Auto-adjusts based on your chart timeframe Clean Visual Zones - Highlighted areas instead of just lines Essential Fib Levels - 9 retrace
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Kari Ferry
18
Kari Ferry 2025.11.23 11:25 
 

Good

eryuechunshen
672
eryuechunshen 2025.05.23 09:31 
 

User didn't leave any comment to the rating

wuzzy66
1007
wuzzy66 2025.05.18 03:08 
 

Good

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