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Dynamic Range Indicator for MQL4 Introducing our cutting-edge Dynamic Range Indicator , specifically designed for 5-minute charts, featuring a proven back-testing record to ensure reliable performance. Key Features: Blue and Red Lines: The indicator uses two dynamic lines to represent market volatility. Calculation Method: The lines are constructed using the last 14 days' average absolute movement of 5-minute closing prices, multiplied by today's session open price. Indicator Formula: Today's op