CalmFx Session Range Ranker MT5
- Indicadores
-
Callum Gunn
CalmFx - calm, clear trading tools for MetaTrader 5.
I build and support the CalmFx toolkit: on-chart panels, multi-symbol scanners and indicators designed to work side by side on the same charts, on any symbol and any screen size, from a laptop to a 40-inch TV.
CalmFx on the Market: - Versão: 1.10
- Ativações: 10
A quiet session on a symbol that normally moves a lot has to resolve somewhere. CalmFx Session Range Ranker measures how tight a reference session's range was (Tokyo by default) against each symbol's own average daily range. It ranks your whole watchlist from 0 to 100 and shows the break levels next to the score, so you can see which markets are coiled ahead of the next session and where they would break.
How the score works
- Compression: the session range as a percentage of the symbol's average daily range. The tighter the range, the higher the score.
- Room: how much of the average day is still unused.
- Position: how close price sits to a range edge.
- Volume: tick volume compared with its own average.
You can change the weight of each part on the panel while it runs, and the table re-sorts straight away. The reference session (Sydney, Tokyo, London or New York), the timeframe the range is measured on, the ADR lookback and the break buffer are all inputs.
The table
- Score, range as a percentage of ADR, room left, position in the range, volume, distance to the nearer break level, spread and direction.
- State: Armed (inside the range), or Broke up / Broke down once price clears a level plus the buffer.
- A sparkline of the recent score.
- A session strip for Sydney, Tokyo, London and New York with overlaps, adjusted for daylight saving.
- Currency bias, and a marker on symbols that share a currency.
- A countdown to the next high-impact news for each symbol's currencies, from the MetaTrader economic calendar.
- Click a row to open that symbol on the chart. Pin favourites, sort by any column, and export the table to CSV.
Alerts
- An alert when a range breaks, and optionally when a score crosses a level you choose.
- Pop-up, sound, push notification and email. Push notifications that arrive together are combined into one message.
- Alerts can be limited to open sessions or overlaps. Each symbol has a cooldown.
- Ranges that had already broken before the indicator loaded are treated as the starting point, so adding it to a chart does not set off a burst of alerts.
Notes
- The indicator does not open, change or close trades.
- No indicator handles, DLLs or web requests are used. It reads price history only, so large watchlists stay light.
- In the Strategy Tester only the tested symbol has price history, so the table shows that symbol only. The news column needs the live calendar.
Part of the CalmFx toolkit
- CalmFx Squeeze Ranker MT5: what is coiling. This one: when it is likely to break.
- CalmFx Trading Panel MT5 and Daily Dipper Skipper RSI Scanner complete the set.
