Smart Range Zones [Dr. Hafiz]

Smart Range Zones[Dr. Hafiz Edition]

Description:

This indicator highlights key market zones — High Range, Mid Range, and Low Range — to help traders visually understand dynamic support and resistance levels.

✅ High Range: Potential supply/resistance area
✅ Mid Range: Fair value or equilibrium zone
✅ Low Range: Potential demand/support area

The zones are calculated based on the highest and lowest price over a user-defined period (default: 130 bars) and dynamically projected forward.

🔸 EMA 15 Line is included as an optional trend filter — helping confirm direction or trend alignment.

🔧 Features:

Auto-calculated High/Mid/Low zones

Real-time dynamic projections

Right-aligned zone labels inside each box

Clean visual structure

Toggle for showing/hiding EMA 15

📌 Best suited for:

Intraday & swing traders

Range breakouts and rejections

Trend confirmation with EMA

Created and published by Dr. Hafiz, modified under the MPL 2.0 license.