• Overview
  • Reviews (11)
  • Comments (37)

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.

david.l
337
2017.10.09 06:05 
 

This will spot the ranging location for you in one go. Save time, save work, 5 Stars.

mhforex01
1561
2017.09.24 00:10 
 

Such a great indicator !!

Very useful signals one has to confirm with the trend in higher frames

Most of all: Mike is a very kind person and support is the best i have found in this market

Thanks Mike !

Folasade Aluko
334
2017.09.20 07:50 
 

Awesome product from a great team. It does what it says, timely notifications.

202033
268
2017.09.19 11:31 
 

Great indicator! Fantastic customer service. Thank you very much. I have already recommended you.

jonathanreader
187
2017.08.30 07:32 
 

These indicators are powerful! unlike every other indicator I know these scan all major currency pairs and notify you all possible trade set-ups. You may have to wait a while but its about quality not quantity. A special thanks for Mike for all your valuable help and assistance.

Fxpro Trader Technical
355
2017.08.12 16:56 
 

Thanks Mike for his quick support and service, this indicator is awesome, just cant't trade without using it. Definitely 100 Stars

Roy Griffin
258
2017.07.29 11:49 
 

I made 130 pips from 3 major swing trades within 24 hours of buying this indicator! Shows potential reversal points of major weakening trends on higher timeframes with great accuracy. 11/10.

habi muhammad
176
2017.07.09 06:17 
 

Very supportive, Guide us properway to trade, All indicators from them are great.

ceejay1
74
2017.07.06 19:54 
 

Great piece of software...really enjoying the early "heads up" about possible trades! Also, thanks so much to customer support...Mike has been awesome and so patient in answering all my questions! I have several of the ScorpionFX indicators and without a doubt they have the absolute best combination of accurate indicators and helpful customer support...you cannot go wrong with this company!

BoJo199
1354
2017.04.30 19:43 
 

These guys are great and their indicators are the best! Thank you for an awesome support

Gregade
151
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