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Ranging Market Detector

5

Ranging Market Detector scans the market for momentum and price to check whether the price is range-bound and the direction to which it will breakout. 

  • It works with all the all assets and visually shows you the instances when the market is either ranging or trending.
  • Informs when the price has finished a retracement, an opportune time to re-enter the trend early. This will help you in position management. 
  • It works very well for Scalping, Day trading, and Swing trading. Helpful in all timeframes 
  • Great tool for every trader. 

Ranging Market Detector can now draw Edges of a ranging marketYou can now trade the Ranging Market comfortably knowing where it is fenced. It has the Top and Bottom Ranges [continuous boxes] and End of Mini Ranging [dotted boxes].


Settings:

The Ranging Market Detector does not require special settings. All the values have been optimized by our team through a vigorous testing environment to suit all instruments. All you need is to install and load the Ranging Market Detector to your chart. 


Manual:

We have taken time to avail the comprehensive but simple  user manual with images: https://www.mql5.com/en/blogs/post/744109



Comentários 2
wuzzy66
921
wuzzy66 2023.01.12 17:32 
 

this is a must have trading indicator tool if you need to start making consistent profit, been trading for over three years and i would say i wish i had this early .this indicator monitors the market based on selected pair and timeframe and informs you that the ranging market pair is about to finish and even tells you the direction it would move which a plus over other traders in the market i wish i could say money back guaranteed other powerful functions of this indicator is that it tells you what to expect after a retracement ie either a power move to the top or bottom 10 star rating for this indicator i would have to say since i found this ranging indicator it s an eye opener probably the last indicator to purchase because it does the job grab more pips

jacob5355
164
jacob5355 2022.09.01 20:21 
 

xcellent indicator,Support is very good, The indicator helps me make decisions when to enter a trade and when to go out

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The Essential Trader indicator is more   comfortable with whipsaw/ranging market conditions. It is not a complicated trading indicator and can be used on any timeframe with high level of confidence. Besides, it has notifications and alerts. The dotted essential points show spots where you can make immediate entries and benefit from breakout on either side of the region. On the other hand, the color filled points display reversal regions. These are important in that you can trade along the trend
Filtro:
wuzzy66
921
wuzzy66 2023.01.12 17:32 
 

this is a must have trading indicator tool if you need to start making consistent profit, been trading for over three years and i would say i wish i had this early .this indicator monitors the market based on selected pair and timeframe and informs you that the ranging market pair is about to finish and even tells you the direction it would move which a plus over other traders in the market i wish i could say money back guaranteed other powerful functions of this indicator is that it tells you what to expect after a retracement ie either a power move to the top or bottom 10 star rating for this indicator i would have to say since i found this ranging indicator it s an eye opener probably the last indicator to purchase because it does the job grab more pips

Innovicient Limited
9106
Resposta do desenvolvedor ALFRED MURIITHI 2023.01.12 21:47
Thank you a lot for your great and extensive review. We're honored🙏 We shall keep uploading more tools. I wish you profitable trading, friend.
jacob5355
164
jacob5355 2022.09.01 20:21 
 

xcellent indicator,Support is very good, The indicator helps me make decisions when to enter a trade and when to go out

Innovicient Limited
9106
Resposta do desenvolvedor ALFRED MURIITHI 2022.09.03 10:45
Thanks a lot for your kind comment. 🙏Wish you profitable trading.
Responder ao comentário
Versão 2.11 2022.10.06
Added the means to adjust the RSI value to plot the Broad Range diplays.
Versão 2.10 2022.10.04
Indicator is more flexible to allow the trader to add the GT value, enable or disable the Mini Range and Top/Bottom range independently.
Versão 2.9 2022.10.03
Typo correction
Versão 2.8 2022.10.03
Minor typo correction
Versão 2.7 2022.10.03
Updated the Indicator with;
> Display Edge Ranges: Creates mini boxes at the edge of the range. Best for timeframes between 15M and Above.
> Box Length: Allows you to define the length Critical Zone
Versão 2.6 2022.05.27
Added color selection for boxes.
Versão 2.5 2022.02.09
Improvement of indictor interface and operations
-The indicator can now draw critical rectangles where you should scan for entry.
Versão 2.4 2021.08.16
Removed a bug that affected some trading instruments.
Versão 2.3 2021.06.10
Added Directional Arrows
Versão 2.2 2021.05.22
Clean up of the buffers
Versão 2.1 2021.05.13
In this update, we have added the functionality to disable the Histograms. This enables another ability of the indicator, which is to help you know when the market is actually retracing and enter long or short early. On it's own now, it can help you trade without adding too many indicators on the chart.

BUY1: If the long-term signal line is above line -20, enter buy if the short-term signal line moves below level 10 and then moves back above 10

BUY2: If the long-term signal line is above line -20, enter buy if the short-term signal line moves below level -20 and then moves back above -20


SELL1: If the long-term signal line is below line -20, enter sell if the short-term signal line moves above level 10 and then moves back below 10

SELL2: If the long-term signal line is below line -20, enter sell if the short-term signal line moves above level -20 and then moves back below -20
Versão 2.0 2021.05.05
Resource management improvements made to facilitate fast loading.
Versão 1.1 2021.05.04
Added independent notifications for email and push notification through the metatrader app. All this was previously one function. The second adjustment is to give signals only if both the long-term and short-term lines are on one side.