PrimeTools Range

5

The range indicator means the average daily price movement. For convenience, it is visually displayed on the charts, but with the H4 timeframe and below. The indicator is redrawn daily and the gaps are included in the calculation. An additional dotted line means 80% of the daily movement passed. An important tool in the arsenal of a professional trader or someone who wants to become one.

PrimeTools is a series of products designed for correct and professional trading.

[PrimeTools Levels | PrimeTools Range]


Panel

  • Shows ATR in absolute values ​​or in pips.
  • Shows the limits of the range in absolute value, pips or price.
  • Change ATR type or range limits with a mouse click.
  • Dark and light themes and 3 scales.
  • Scaling is adaptive to the chart size.


ATR Calculation

  • Classic - standard ATR.
  • No paranormal bars - an improved ATR that doesn't include too small or too big bars in calculation. The main method used by professionals.
  • Modified - personal modification, improved ATR without paranormal bars, with exponential average instead of normal.


Input parameters

  • ATR period - period for ATR calculation.
  • ATR type - ATR calculation type.
  • 80% line - enable or disable the 80% line.
  • Top line color - top lines color.
  • Bottom line color - bottom lines color.
  • Panel state - enable or disable the panel.
  • Panel theme - dark or light panel theme.
  • Panel size - panel size.
  • ATR type on the panel - ATR type displays on the panel.
  • Range type on the panel - range type displays on the panel.


Reviews 2
PRIMUS GRANT
299
PRIMUS GRANT 2024.02.12 20:48 

It just works.

Martin Brown
823
Martin Brown 2023.08.15 20:09 

Excellent. Very useful.

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Denis Glaz
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Channel indicator based on the principles of mathematical statistics. It uses neural networks to simplify a lot of complex calculations, which makes the indicator fast, even for weak computers. How it works The indicator is based on the moving average, the period of which you can set. The indicator analyzes price deviations from the moving average line for the last 1440 or 2880 bars, and each line indicates a certain probability of a price reverse depending on the selected settings: Standard,
Levels indicator. It works on a neural network and is formalized according to professional rules for building horizontal levels. The indicator redraws the levels every day and notifies you when the price approaches or cross the levels. The indicator is suitable for both professionals and beginners who have only recently begun to learn how to trade in the market. PrimeTools is a series of products designed for correct and professional trading. [PrimeTools Levels | PrimeTools Range ] Panel Shows
Powerful trend indicator provided with all necessary for trade and it is very easy to use. Everyone has probably come across indicators or Expert Advisors that contain numerous input parameters that are difficult to understand. But here, input parameters are simple and it is no need to configure anything — neural network will do all for you. Difference from a classic version The real-time multi time frame panel is added, so you can check a trend for other timeframes without switching the schedu
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PRIMUS GRANT
299
PRIMUS GRANT 2024.02.12 20:48 

It just works.

Martin Brown
823
Martin Brown 2023.08.15 20:09 

Excellent. Very useful.

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