Daily Range Calculator

This indicator calculates the average trading range (Daily Range) of the current symbol over a custom period and displays the essential data directly as a comment on your chart.

Key Features:

  • Custom Lookback Period: Choose exactly how many days (e.g. 50 days) you want to include in the average range calculation.

  • Real-Time Analysis: Calculates the daily spread (High - Low) and provides a precise average value instantly.

  • Clean Design: No cluttered charts! Information is displayed discreetly and clearly as a chart comment.

  • Resource Efficient: Highly optimized MQL5 code that won’t slow down your trading platform.




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