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Range Trader For Multi Pair And Multi Time Frame

This indicator has been created by a former hedge-fund employee and it automatically identifies high-probability range-trade opportunities.

Remember: The FX market is range-bound at least 70% of the time. And range-trading has several distinct advantages that make it safer and more predictable than other trading styles. Such as lower levels of volatility, as well as pre-defined areas for entries and exits.

The goal is to find non-trending pairs that are coming off a recent high/low. And this indicator uses two filters (RSI and ADX) to identify these opportunities.

Indicator Features

  • Monitors all 28 pairs at the same time. Apply the indicator to just one chart and instantly monitor the entire market.
  • Monitors every time-frame, from 1-Min to Monthly. And sends you a real-time alert when a high-probability range-trade is identified.

Indicator Parameters

  • RSI Period: Setting for RSI filter
  • RSI Up Level: Overbought level for RSI filter.
  • RSI Down Level: Oversold level for RSI filter.
  • ADX Period: Setting for ADX filter
  • ADX Level: Setting for ADX filter
  • Symbols: The indicator monitors the top 28 pairs by default, but you can select less pairs if you wish.
  • Use M1 TimeFrame: True = Yes, False = No
  • Use M5 TimeFrame: True = Yes, False = No
  • Use M15 TimeFrame: True = Yes, False = No
  • Use M30 TimeFrame: True = Yes, False = No
  • Use H1 TimeFrame: True = Yes, False = No
  • Use H4 TimeFrame: True = Yes, False = No
  • Use D1 TimeFrame: True = Yes, False = No
  • Use W1 TimeFrame: True = Yes, False = No
  • Use MN1 TimeFrame: True = Yes, False = No

See the screenshots below for further details. Contact us if you have any questions.

Make sure to see our other indicators and watch our short videos. There is much more information (and our trading guidelines) on these videos.

2016.12.04 10:18   

Added indication and confirms false and confirmed break out . you can never go wrong with this indication ... buy and study , a lot of screen time and become a stronger trader . ++++++++ rated