Range Canvas MT5

4

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 2
arun frozer
18
arun frozer 2025.06.24 13:16 
 

overall experience is good ....

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OrderFlux | Footprint Orderflow for MetaTrader 5 Version 2.0 – Real-time Bid/Ask Visualization for Active Traders OrderFlux is a footprint and orderflow indicator for MT5. It shows not only where the price has moved, but what happens inside the movement: Bid/Ask volume per price level, delta, imbalance, and volume distribution. Many charts only show you the final result of a candle. OrderFlux shows you the path to get there. This is exactly what helps when you want to read market participation i
RelicusRoad Pro MT5
Relicus LLC
4.96 (24)
Indicators
RelicusRoad Pro: Quantitative Market Operating System 70% OFF LIFETIME ACCESS (LIMITED TIME) - JOIN 2,000+ TRADERS Why do most traders fail even with "perfect" indicators? Because they trade Single Concepts in a vacuum. A signal without context is a gamble. To win consistently, you need CONFLUENCE . RelicusRoad Pro is not a simple arrow indicator. It is a complete Quantitative Market Ecosystem . It maps the "Fair Value Road" price travels on, distinguishing between random noise and true structur
Hydra Trend Rider MT5
INTRAQUOTES
Indicators
Hydra Trend Rider is a non-repainting, multi-timeframe trend indicator that delivers precise buy/sell signals and real-time alerts for high-probability trade setups. With its color-coded trend line, customizable dashboard, and mobile notifications, it's perfect for traders seeking clarity, confidence, and consistency in trend trading. Setup & Guide:  Download  MT4 Version here. To learn how to use the Indicator: Indicator Manual & Guide -   Read Here Follow our MQL5 channel for daily market ins
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Range Canvas MT4
Luke Anthony Caras
5 (2)
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
Luke Anthony Caras
Utilities
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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DGoldSniper
255
DGoldSniper 2026.03.06 16:13 
 

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arun frozer
18
arun frozer 2025.06.24 13:16 
 

overall experience is good ....

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