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
30
Kari Ferry 2025.11.23 11:25 

Good

wuzzy66
1007
wuzzy66 2025.05.18 03:08 

Good

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Luke Anthony Caras
4 (1)
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
FREE
Swift Symbol Switch adds a clean, convenient symbol-switching panel directly to your chart, allowing you to move between Forex pairs, cryptocurrencies, commodities, metals, and other broker-supported instruments with a single click. There is no need to type symbol names, search through Market Watch, or repeatedly open MetaTrader menus. Simply select a symbol from the on-chart panel and the current chart updates instantly. The utility is designed for traders who monitor multiple markets and want
FREE
Challenge Compass
Luke Anthony Caras
Challenge Compass Keep track of your prop firm challenges from your trading chart. Challenge Compass displays your balance, equity, daily loss allowance, maximum drawdown and progress towards your profit target in one panel. Included prop firm presets FTMO FundedNext The5ers FundingPips FXIFY E8 Markets Alpha Capital Presets cover selected programs from these firms. Custom settings are available for other challenge rules. Set your own daily loss limit, estimate lot size using an ATR or fixed-pip
FREE
Multi TF MA Levels
Luke Anthony Caras
Multi-TF MA Levels plots a single moving average across multiple timeframes directly on your chart, giving you instant context at every level of the market. No switching charts. No mental maths. Just clean, flat lines showing exactly where the MA sits on M15, M30, H1, H4 and D1 — all updated on confirmed bar close so there is no repainting. Features Plots the local timeframe MA plus up to 5 higher timeframe MAs simultaneously HTF lines only update on confirmed bar close — no repainting Higher ti
FREE
Kijun Retest Pro identifies high-probability continuation signals on any instrument and timeframe, marking each opportunity directly on your chart with a clear arrow. Signals are generated when specific market conditions align across multiple internal checks. A cyan appears below the bar for buy signals, a red above the bar for sell signals. Signals never repaint All signals are calculated on fully closed bars only. An arrow that appears will never move or disappear. What you see on historic
FREE
Swift Symbol Switch
Luke Anthony Caras
Swift Symbol Switch MT4 adds a clean, convenient symbol-switching panel directly to your chart, allowing you to move between Forex pairs, cryptocurrencies, commodities, metals, and other broker-supported instruments with a single click. There is no need to type symbol names, search through Market Watch, or repeatedly open MetaTrader menus. Simply select a symbol from the on-chart panel and the current chart updates instantly. The utility is designed for traders who monitor multiple markets and w
FREE
Historical Pivot Zones is a clean support and resistance indicator for MetaTrader 4. The indicator automatically draws important price zones from previous market ranges, helping you see where price may react, reject, break out, or continue. Instead of manually marking higher-timeframe levels every day, Historical Pivot Zones gives you a structured map directly on your chart. It is designed for traders who use support and resistance, range levels, market structure, breakouts, pullbacks, and price
Kijun Retest Pro
Luke Anthony Caras
Kijun Retest Pro identifies high-probability continuation signals on any instrument and timeframe, marking each opportunity directly on your chart with a clear arrow. Signals are generated when specific market conditions align across multiple internal checks. A cyan appears below the bar for buy signals, a red above the bar for sell signals. Signals never repaint All signals are calculated on fully closed bars only. An arrow that appears will never move or disappear. What you see on historic
FREE
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
30
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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