Range Zones M30

Range Zones M30 draws zones on your chart where price was pushed back hard on the 30-minute timeframe. It works on any symbol and any chart timeframe, and reads only the prices your terminal already has. It does not use any server, does not send anything out, and does not open or change orders.

What It Shows

A resistance zone above the market and a support zone below it, as filled rectangles that start at the open of the swing candle that formed them and run to the right. At any moment there is at most one live zone on each side. When a newer zone of the same side is confirmed, the older one stops at that moment; when a one-minute candle closes beyond a zone, that zone stops as well. The newest finished zones stay on the chart as outlines, so you can see where price reacted before and what happened afterwards; the live zones are filled.

How A Zone Is Built

The indicator looks for a swing on M30 in the sense of the classic fractal: a candle whose high is above the highs of the two candles after it and of the two candles before it (for support, the same with lows). If several candles share the same extreme, an equal high is allowed among the candles to the left, up to four candles back, provided that none of the candles in between is higher and the two candles before the shared level are lower. A swing is confirmed ninety minutes after its candle opens, when both following candles are finished. The zone is the part of the candle's shadow that sits next to the extreme (60 percent of it by default): for resistance from a point inside the upper shadow up to the high, for support from the low up to a point inside the lower shadow. A zone thinner than the minimum height is widened to it, starting from the extreme.

Reading The Chart

Resistance zones are red, support zones are green; a zone that has ended is drawn as a darker outline. The zone starts at the candle open, not at the confirmation time, so the rectangle shows the candle that formed it. A zone that is still live reaches the current bar. By default only the newest eight zones of each side are drawn, so the chart stays readable. A short text in the corner of the chart says how many zones are drawn out of all that were found. The colours, the fill, the number of zones and the history depth are inputs. Apart from that text the indicator draws only rectangles, with the prefix RZ30_ in their names, and removes them when you take it off the chart.

Input Parameters

HistoryBars - how many M30 candles back are scanned (500 by default, about ten trading days). ZonePercent - the part of the shadow covered by the zone, in percent (60 by default). MinHeight and HeightUnit - the minimum zone height (15 by default) and its unit (points, tick size or pips); HideThin - hide thinner zones instead of widening them. MaxZones - how many of the newest zones of each side are drawn (8 by default, 0 draws all of them). OutlineClosed - draw ended zones as outlines (on by default). PlateauMax - how many candles back an equal extreme may lie when several candles share a level (4 by default, 0 gives the strict five-candle swing). ColorRes and ColorSup - the live zones, ColorResOld and ColorSupOld - the ended zones, FillZones - fill of the live zones.

History And Data

The indicator needs M30 and M1 history of the symbol. While the history is loading the chart shows a short message; when more history arrives the zones are rebuilt. On a new M30 candle everything is recalculated; between candles only the live zones are updated, once per finished minute.

Code Check

To check the released build, we ran an independent implementation of the same rules in Python against the same terminal data: 12 charts, 12 symbols with two, three, four and five decimal places, chart timeframes from M1 to W1, and the last 500 M30 candles of each. With the zone limit switched off, all 1569 zones of the scanned history matched in kind, start time and both prices. With the default limit of eight zones per side, the 190 zones compared all matched, 192 of 192 rectangles on the charts had the expected fill and colour, and no chart showed more than one live zone per side. The terminal journal showed no errors from the indicator.

What This Product Is Not

It is not a trading signal service, it does not predict the market and it does not promise any result. A zone only describes where price got rejected before; whether that matters again is for you to decide.

Notes

No trading functions, no network access, no files. Screenshots in this listing show the indicator on a demo symbol.

Support

Questions and bug reports through the product page comments. Please attach the symbol, the chart timeframe and the broker server time of the problem.

Altri dall’autore
Swept Liquidity Pools
Vasilii Makarenko
5 (1)
Indicatori
A liquidity sweep is a bar that pushes past a prior swing high or swing low, where protective stop orders tend to rest, and then closes back on the inner side of that level. The same event is known under several names: a stop hunt, a stop run, a liquidity grab, a false breakout, a failed breakout, or a swing failure. Swept Liquidity Pools marks those levels and those bars on the chart. The indicator tracks liquidity pools - confirmed swing levels that have not yet been taken - and marks the exac
FREE
Auto Level Map
Vasilii Makarenko
Indicatori
What Gets Drawn Most level tools mark every swing they can find, and a chart with forty lines answers nothing. This one keeps a level only when price came back to it, and prints the evidence next to the line: the number of touches and the age in days. Lines above current price and lines below it are drawn in different colours, so the map reads at a glance without counting. What Puts A Level On The Chart A swing high is a bar whose high is not lower than its neighbours on both sides, within the n
FREE
Session Value Desk
Vasilii Makarenko
Indicatori
Three Anchors On One Chart Most volume weighted average lines restart once a day. This one draws three at the same time: one anchored to the current trading session, one to the day, one to the week. Their spread tells you something a single line cannot. When the session line sits far under the weekly one, the week has been trading higher than today is; when all three sit together, the market has spent the week in one place. Why The Session Anchor Is Not Midnight The session line starts where the
FREE
Hourly Spread Map
Vasilii Makarenko
Indicatori
Hourly Spread Map answers one question: at which hours does this symbol cost more to enter, and by how much. It reads the spread field that the terminal stores in every closed M1 bar of your own broker feed, sorts those measurements into 24 hours by 7 days of the week, and shows the result as a grid in the indicator sub-window. What It Measures Every closed M1 bar carries one spread measurement. The indicator collects them over the period you choose, groups them by the hour and weekday of the ba
FREE
Candle Clock Desk
Vasilii Makarenko
Indicatori
What It Shows Candle Clock Desk puts four lines on the chart. The first is the time left until the current bar closes. The next three answer a question the clock alone cannot: is this bar unusually busy, or unusually quiet, right now. Bar closes in - the countdown, in minutes and seconds So far - volume this bar has accumulated since it opened Usual here - what this symbol had accumulated by this same minute, in the past Pace - the first divided by the second The Pace Line Pace of 1.00 means the
FREE
Swap Cost Calendar
Vasilii Makarenko
Indicatori
Swap is the part of the cost that is easy to forget, because it arrives once a day, quietly, and never appears in the spread. Swap Cost Calendar puts it on the chart as a number you can act on. What It Shows The panel reads what the broker publishes for the current symbol and shows four things. The cost of one night for a long position and for a short one, in your account currency or in points. The weekday line, showing how many nightly charges a position carries on each day of the week. The tri
FREE
Trade Risk Desk
Vasilii Makarenko
Utilità
Trade Risk Desk answers one question at the moment you need it answered: what volume makes this stop cost exactly what you decided to risk. Drag the stop line to where it belongs on the chart and the panel prints the volume, the money behind it, and the margin the position will hold. What It Answers Set the risk as a percent of balance or as a fixed amount in account currency. Put the stop where your idea says it belongs. The panel reads the symbol settings your broker publishes and prints: the
FREE
Liquidity Sweep Pools MTF
Vasilii Makarenko
Indicatori
Un pool di liquidità è un massimo o un minimo di swing confermato che non è ancora stato preso. Un liquidity sweep è la barra sulla quale il prezzo viene scambiato oltre quel livello e poi chiude di nuovo all'interno del range - lo stesso evento che i trader chiamano anche stop hunt, stop run, liquidity grab o falso breakout. Liquidity Sweep Pools MTF contrassegna sia i pool sia i liquidity sweep effettuati su di essi, sul grafico corrente e su un timeframe superiore che scegli, e aggiunge un pa
Structure Desk
Vasilii Makarenko
Experts
Un expert advisor per XAUUSD su MetaTrader 5. Lavora su un paniere alla volta: apre in un insieme fisso di ore del server, aggiunge alla posizione mentre il prezzo si muove contro di essa e chiude l'intero paniere insieme. Non c'è stop loss e non c'è take profit sulle singole posizioni. Come Opera Un simbolo, XAUUSD, un paniere alla volta, fino a 5 ordini nella stessa direzione. Le entrate sono consentite solo in ore fisse del server, e solo quando il prezzo si trova al bordo del suo intervallo
Sarveon
Vasilii Makarenko
Experts
Sarveon è un expert advisor per XAUUSD su MetaTrader 5. Nove strategie indipendenti funzionano fianco a fianco su un unico grafico. Ognuna ha il proprio magic number, il proprio timeframe di ingresso e il proprio insieme di distanze, e nessuna di esse aggiunge mai a una posizione aperta da un'altra. Come Opera Ogni strategia analizza le barre recenti del proprio timeframe di ingresso alla ricerca di un livello di swing: un massimo che nessuna barra successiva ha superato, o un minimo che nessuna
Ridgeline
Vasilii Makarenko
Experts
Ridgeline attende ai livelli di prezzo che l'oro ha lasciato in pace. Legge le barre giornaliere, segna i massimi e i minimi che nessuna barra successiva ha superato, e vi colloca un ordine stop pendente. Sette insiemi di regole cercano a profondità diverse della storia, così uno può essere in attesa a un livello formatosi la settimana scorsa mentre un altro ne osserva uno di tre mesi fa. Un insieme che incassa una perdita resta fermo per due giorni prima di collocare di nuovo qualcosa. Ogni ins
Sixfold Gold
Vasilii Makarenko
Experts
Sixfold Gold trades XAUUSD on the hourly chart. It looks for the points where the market turned and left an extreme behind, places a pending stop order a little inside that level, and attaches a stop loss and a take profit before the order is ever filled. Six zones do this independently, each with its own search depth, and between them they read three timeframes and four sessions, so the advisor is rarely committed to a single view of the market. A trade that goes wrong is closed by its stop. No
GhBreak
Vasilii Makarenko
Experts
GhBreak si basa su un'idea sull'oro: una rottura di un massimo o di un minimo swing che ha tenuto da quando si è formato può correre abbastanza da ripagare le rotture che falliscono. L'EA non insegue la rottura. Un ordine stop pendente è già in attesa al livello, con il suo stop e il suo target allegati, prima che il prezzo arrivi lì. Le posizioni vengono tenute brevemente: nel report qui sotto quella media è durata 22 minuti. Il Livello Swing Ogni insieme di regole costruisce le proprie barre -
Signal Compass Desk
Vasilii Makarenko
Indicatori
Un pannello invece di cinque finestre Leggere un mercato di solito significa tenere aperte più finestre contemporaneamente: una media mobile per la direzione, un oscillatore per il momentum, un indicatore di forza per distinguere un trend da un range, e qualcos'altro ancora per i livelli. Ognuno risponde alla propria domanda nel proprio angolo dello schermo. Signal Compass Desk mette quelle letture in un unico blocco nell'angolo del grafico. Un solo sguardo ti dice da che parte pende il mercato,
Pivot Stop Gold
Vasilii Makarenko
Experts
Pivot Stop Gold è costruito attorno a una situazione sull'oro: il prezzo gira su uno swing e poi lo attraversa. L'EA non insegue il movimento. Un ordine stop pendente è già in attesa vicino allo swing, con il suo stop e il suo target allegati, prima che il prezzo arrivi lì. Le posizioni sono brevi: nel report qui sotto quella media è durata cinque minuti. Il Livello Pivot Su ogni nuova barra del suo timeframe di lavoro l'EA costruisce uno ZigZag dalle ultime 300 barre e prende gli ultimi due piv
Tessera Footprint
Vasilii Makarenko
Indicatori
Tessera builds a footprint (cluster) chart from the trade ticks that your MetaTrader 5 terminal already receives from your broker. Prices, volumes and sides come from your own data feed; the indicator does not use any external server, does not send anything out and does not read or store your account details. What It Shows Buy and sell volume inside each bar, price by price, with numbers when they fit. Delta of the bar (the difference between buy and sell volume), cumulative delta and a delta st
Filtro:
Nessuna recensione
Rispondi alla recensione