Input Information
| Name | Expression | Default | Description |
Market Synopsis
Table of Contents
- Introduction
- What is a Range Indicator?
- How does a Range Indicator Work?
- Types of Range Indicators
- Uses of Range Indicators
- Conclusion
Introduction
A range indicator is an important tool used by traders and investors to identify the price range of a security or asset over a certain period of time. It helps them make informed decisions about when to buy or sell, and at what price.
What is a Range Indicator?
A range indicator is a technical analysis tool that displays the high and low prices of a security, commodity or currency pair over a specific period of time. It is typically displayed as a horizontal line on a chart and can help traders identify key levels of support and resistance.
How does a Range Indicator Work?
A range indicator works by measuring the distance between the highest and lowest prices of a security over a specified period of time, such as a day, week, or month. This information is then displayed as a horizontal line on a chart, with the upper end of the line representing the high price and the lower end representing the low price.
Types of Range Indicators
- Bollinger Bands: a popular range indicator that displays two standard deviations above and below a moving average.
- Donchian Channels: a range indicator that displays the highest high and lowest low over a certain time period.
- Keltner Channels: similar to Bollinger Bands, but uses a moving average and an Average True Range (ATR) to determine the upper and lower bands.
Uses of Range Indicators
Range indicators are commonly used by traders and investors for the following purposes:
- To identify key levels of support and resistance
- To determine entry and exit points for trades
- To measure market volatility
- To confirm or refute other technical analysis indicators
Conclusion
Range indicators are essential tools for traders and investors who want to analyze market trends and make informed decisions about when to buy or sell. By identifying key levels of support and resistance, range indicators can help traders anticipate market movements and maximize their profits.
Plot Information
| Number | Name | Default Color | Description |
Indicators
- Accumulation Swing Index ASI
- Accumulation/Distribution AD
- Adaptive moving average
- Alligator (Gator_2)
- Alligator (Gator)
- Aroon Down Indicator
- Aroon Oscillator
- Aroon Up Indicator
- Average Directional Movement Index ADX
- Average True Range- ATR
- Awesome Oscillator
- Bears Power
- Bollinger Bands-BB
- Bubi Candles
- Bulls Power
- BW-ZoneTrade-BWZT
- Chaikin Oscillator
- Chaikin Volatility-CHV
- ColorBars
- ColorLine
- Commodities Channel Index- CCI
- Crossover of Moving Averages
- Demarker Indicator
- Detrended Price Oscillator-DPO
- Directional Indicators-DI
- Directional Movement Index-DMI
- Disparity Index
- Double exponential moving average
- Double Exponential Moving Average DEMA
- Dynamic Support and Resistance
- Envelopes
- Exponential Moving Average-EMA
- Force Index
- Fractal Adaptive Moving Average-FrAMA
- Fractals
- Heikin Ashi
- Ichimoku Kinko Hyo (ichimoku)
- Keltner channel
- Market Facilitation Index
- Mass Index indicator (MI)
- McClellan Oscillator
- Momentum
- Money Flow Index MFI
- Moving Average
- Moving Average Convergence/ Divergence MACD MAC D
- Moving Average MV
- Moving Average of Oscillator
- On Balance Volume OBV
- Oscillator of a Moving Average OsMA ( MACD Histogram)
- Parabolic
- Parabolic SAR
- Price and Volume Trend (VPT) Indicator
- Price Channel Indicator
- Range Indicator
- Rate of Change ROC
- Relative Strength Index RSI
- Relative Vigor Index RVI
- Simple Moving Average SMA
- Smoothed Moving Average SMMA Custom Moving Average
- Standard Deviation (StdDev)
- Stochastic Oscillator
- The triple exponential average TRIX indicator
- Triple Exponential Average
- Triple Exponential Moving Average TEMA
- Triple Moving Average Crossover
- True Strength Index TSI
- Ultimate Oscillator
- Variable index Dynamic Average (VIDYA)
- Volume Rate of Change VROC
- Weighted Moving Average WMA
- Williams’ Percent Range-Williams %R Larry Williams Percentage Range (WPR)
Fundamental Summary
Technical Summary
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