Range Filtered Trend Signals [AlgoAlpha]Introducing the Range Filtered Trend Signals , a cutting-edge trading indicator designed to detect market trends and ranging conditions with high accuracy. This indicator leverages a combination of Kalman filtering and Supertrend analysis to smooth out price fluctuations while maintaining responsiveness to trend shifts. By incorporating volatility-based range filtering, it ensures traders can differentiate between trending and ranging conditions effectively, reducing false signals and enhancing trade decision-making.
:key: Key Features
:white_check_mark: Kalman Filter Smoothing – Minimizes market noise while preserving trend clarity.
:bar_chart: Supertrend Integration – A dynamic trend-following mechanism for spotting reversals.
:fire: Volatility-Based Range Detection – Detects trending vs. ranging conditions with precision.
:art: Color-Coded Trend Signals – Instantly recognize bullish, bearish, and ranging market states.
:gear: Customizable Inputs – Fine-tune Kalman parameters, Supertrend settings, and color themes to match your strategy.
:bell: Alerts for Trend Shifts – Get real-time notifications when market conditions change!
:tools: How to Use
Add the Indicator – Click the star icon to add it to your TradingView favorites.
Analyze Market Conditions – Observe the color-coded signals and range boundaries to identify trend strength and direction.
Use Alerts for Trade Execution – Set alerts for trend shifts and market conditions to stay ahead without constantly monitoring charts.
:mag: How It Works
The Kalman filter smooths price fluctuations by dynamically adjusting its weighting based on market volatility. It helps remove noise while keeping the signal reactive to trend changes. The Supertrend calculation is then applied to the filtered price data, providing a robust trend-following mechanism. To enhance signal accuracy, a volatility-weighted range filter is incorporated, creating upper and lower boundaries that define trend conditions. When price breaks out of these boundaries, the indicator confirms trend continuation, while signals within the range indicate market consolidation. Traders can leverage this tool to enhance trade timing, filter false breakouts, and identify optimal entry/exit zones.
ค้นหาในสคริปต์สำหรับ "range"
Range Filter & LabelsAll credit goes to @DonovanWall for the Range Filter.
I just added Buy & Sell labels to demonstrate how the VuManChu Swing generates the same exact signals as the Range filter using the exact same settings between the two indicators.
This would only seem plausible if VuManChu Swing runs on the same code as the Range Filter.
It looks likely to be the old version of the Range Filter, where it had only two Inputs, Range Size and Range Period
Range Average Retest Model [LuxAlgo]The Range Average Retest Model tool highlights setups from the range average retest entry model, a model using the retest of the average between two opposite swing points as an entry.
This tool uses long-term volatility coupled with user-defined multipliers to filter out swing areas and set take profit and stop loss levels for all trades.
Key features include:
Draw up to 165 swing areas and their associated trades
Filter out swing areas using Pivot Length , Selection Mode and Threshold parameters
Filter out trades with Maximum Distance and Minimum Distance parameters
Enable or disable swing areas and select default colors
Enable or disable overlapping trades and change the default colors for Take Profit and Stop Loss zones
🔶 USAGE
The "Range Average Retest Model" is an entry model that enters a position when the price retests the average made between two swing points. Users can determine the period of the detected swing points from the "Pivot Length" setting.
The conditions for long or short trades, regardless of whether the swing area is bullish or bearish, are as follows:
Long positions: the current bar close is below the swing area average and the last bar close was above it.
Short positions: the current bar close is above the swing area average price and the last bar close was below it.
Each trade is displayed on the chart with a line connecting it to its swing area highlighting the range average, a green area for the take profit, and a red area for the stop loss.
Both the Take Profit and Stop Loss levels are calculated by applying your own multiplier in the settings panel to the long-term volatility measure, in this case, the average true range over the last 200 bars.
Trades will remain open until they reach either the Stop Loss or Take Profit price levels.
🔹 Filtering Swing Areas
The daily chart of the Nasdaq-100 futures (NQ) with pivot length 2 and bullish selection mode: it only detects bullish swing areas, but they are smaller and more numerous.
Traders can manipulate the behavior of the swing areas from the settings panel.
The Selection mode will filter areas by bias: it will detect bullish areas, bearish areas, or both.
The Threshold parameter is applied to the long-term volatility to filter out areas where the average prices are too close together; the higher the value, the greater the difference between the average prices must be.
🔹 Trades
3-minute chart of the Nasdaq-100 futures (NQ) with pivot length 5, bearish selection mode maximum distance 4, and stop loss 2: many trades detected with very asymmetric risk/reward.
The behavior of the trades is also manipulated from the settings panel.
The maximum and minimum distance parameters specify the number of bars a trade must be away from a swing area.
The Take Profit and Stop Loss parameters are applied to the long-term volatility to obtain their respective price levels.
🔹 Overlapping Trades
Same chart as before, but with overlapping trades: messy, right?
By default the tool does not show overlapping trades, this allows for a cleaner chart.
In the settings panel traders can enable overlapping mode, in which case the tool will show all available trades.
Traders must be aware that the chart can be very crowded.
🔶 SETTINGS
🔹 Swings
Pivot Length: How many bars are used to confirm a swing point. The larger this parameter is, the larger and fewer swing areas will be detected.
Selection Mode: Swing area detection mode, detect only bullish swings, only bearish swings, or both.
Threshold: Swing area comparator. This threshold is multiplied by a measure of volatility (average true range over the last 200 bars), for a new swing area to be detected it must have an average level that is sufficiently distant from the average level of any untouched swing area, this parameter controls that distance.
🔹 Trades
Maximum distance: Maximum distance allowed between a swing area and a trade.
Minimum distance: Minimum distance allowed between a swing area and a trade.
Take profit: The size of the take profit - this threshold is multiplied by a measure of volatility (the average true range over the last 200 bars).
Stop loss: The size of the stop-loss: this threshold is multiplied by a measure of volatility (the average true range over the last 200 bars).
Range Sentiment Profile [LuxAlgo]The Range Sentiment Profile indicator is inspired from the volume profile and aims to indicate the degree of bullish/bearish variations within equidistant price areas inside the most recent price range.
The most bullish/bearish price areas are highlighted through lines extending over the entire range.
🔶 SETTINGS
Length: Most recent bars used for the calculation of the indicator.
Rows: Number of price areas the price range is divided into.
Use Intrabar: Use intrabar data to compute the range sentiment profile.
Timeframe: Intrabar data timeframe.
🔶 USAGE
This tool can be used to easily determine if a certain price area contain more significant bullish or bearish price variations. This is done by obtaining an estimate of the accumulation of all the close to open variations occurring within a specific profile area.
A blue range background indicates a majority of bullish variations within each area while an orange background indicates a majority of bearish variations within each area.
Users can easily identify the areas with the most bullish/bearish price variations by looking at the bullish/bearish maximums.
It can be of interest to see where profile bins might have no length, these can indicate price areas with price variations with alternating signs (bullish variations are followed by a bearish sign) and similar body. They can also indicate a majority of either bullish or bearish variations alongside a minority of more significant opposite variations.
These areas can also provide support/resistance, as such price entering these areas could reverse.
Users can obtain more precise results by allowing the profile to use intrabar data. This will change the calculation of the profile, see the details section for more information.
🔶 DETAILS
The Range Sentiment Profile's design is similar to the way a volume profile is constructed.
First the maximum/minimum values over the most recent Length bars are obtained, these define the calculation range of the profile.
The range is divided into Rows equidistant areas. We then see if price lied within a specific area, if it's the case we accumulate the difference between the closing and opening price for that specific area.
Let d = close - open . The length of the bin associated to a specific area is determined as follows:
length = Width / 100 * Area / Max
Where Area is the accumulated d within the area, and Max the maximum value between the absolute value of each accumulated d of all areas.
The percentage visible on each bin is determined as 100 multiplied by the accumulated d within the area divided by the total absolute value of d over the entire range.
🔹 Intrabar Calculation
When using intrabar data the range sentiment profile is calculated differently.
For a specific area and candle within the interval, the accumulated close to open difference is accumulated only if the intrabar candle of the user selected timeframe lies within the area.
This can return more precise results compared to the standard method, at the cost of a higher computation time.
Range Detector Indicator [Misu]█ This indicator shows an upper and lower band based on Highs and Lows.
Depending on this, the indicator interprets a ranging market, an uptrend or a downtrend.
█ Usages:
The purpose of this indicator is to identify when the price is ranging.
It's also used to identify changes in trends, breaking points, and trend reversals.
But it can also be used to show resistance or support levels.
█ Features:
> Price Action Change Alerts
> Price Action Change Labels
> Color Bars
> Show Bands
█ Parameters:
Deviation: A parameter used to calculate pivots.
Depth: A parameter used to calculate pivots.
Activate Range Detection: Check the box to activate range detection.
Band% Offset: A factor that is used to vary the bands offset.
Range Deviations @joshuuuThis indicator is able to show ranges, the equlibrium (50%) and range deviations.
It has four pre-defined options and one custom version.
Asia (2000-0000) ny time
CBDR(1400-2000) ny time
Flout(1400-0000) ny time
ONS (OverNightSession)(0400-0800) chicago time
Custom (you can choose the times)
ICT (Inner Circle Traders) teaches, that those range deviations of asia,cbdr,flout can be used to find the daily high/low.
TCM (The Currency Merchant) teaches, that a move out of the range often is a false move to trap traders into the wrong direction.
Currency Pairs High Low RangeIndicator gives the High-Low range of 18 currency pairs. There is a High Ave which is the average of the top four (you may need to adjust which ones are in the average) as well as the bottom four Low Ave. The picture is of a weekly chart with the indicator set at 12 week average of the High-Low range with a .7 (70%) multiplier. When I am looking for week long trades with lots of movement I pick my pairs based on the most actives with a 70% capture of the range as a guide line of when to exit. Sometime when I am not in the mood for volatility I go with the ones in the Low Ave area. Further, when I day trade I set the indicator to a 1Day chart and move the percent to 20% or 30% as a guideline to tell when to get out of a trade.
Range Progress TrackerRANGE PROGRESS TRACKER(RPT)
PURPOSE
This indicator helps traders visually and statistically understand how much of the typical price range (measured by ATR) has already been covered in the current period (Daily, Weekly, or Monthly). It includes key features to assist in trend exhaustion analysis, reversal spotting, and smart alerting.
CORE LOGIC
The indicator calculates the current range of the selected time frame (e.g., Daily), which is:
Current Range = High - Low
This is then compared to the ATR (Average True Range) of the same time frame, which represents the average price movement range over a defined period (default is 14).
The comparison is expressed as a percentage, calculated with this formula:
Range % = (Current Range / ATR) × 100
This percentage shows how much of the “average expected move” has already occurred.
WHY IT MATTERS
When the current range approaches or exceeds 100% of ATR, it means the price has already moved as much as it typically does in a full session.
This indicates a lower probability of continuing the trend with a new high or low, especially when the price is already near the session's high or low.
This setup can signal:
A possible consolidation phase
A reversal in trend
The market entering a corrective phase
SMART ALERTS
The indicator can alert you when:
A new high is made after the range percentage exceeds your set threshold.
A new low is made after the range percentage exceeds your set threshold.
You can adjust the Range % Alert Threshold in the settings to tailor it to your trading style.
Range Filter x Hull SuiteRange Filter x Hull Suite
This indicator is a hybrid of two popular indicators, with a twist; namely the Range Filter (Guikroth version) and the Hull Suite (by Insilico) .
Originally developed as a 1 minute trend following strategy and traded during the New York Session for it's typically high volume / likely trending nature, it provides entry signals based on the following logic:
For bullish entry signals:
The first bullish* candle (*defined by the Range Filter bar color logic, blue by default - which is not necessarily technically a bullish candle as defined by the OHLC values) which appears after the consolidation candles (also defined by the Range Filter bar color logic, orange by default), and where the Hull Suite moving average is also bullish.
For bearish entry signals:
The first bearish* candle (*defined by the Range Filter bar color logic, red by default - which is not necessarily technically a bearish candle as defined by the OHLC values) which appears after the consolidation candles (also defined by the Range Filter bar color logic, orange by default), and where the Hull Suite moving average is also bearish.
The indicator aims to filter out signals where possible consolidation is occurring and comes with styling options and alternative filter options such as a triple moving average trend detection method. Signals can also be filtered by a specific trading session. Standard options for the Range Filter and Hull Suite settings are also able to be customised within the settings menu.
Alerts
Various alerts are built-in, including the custom entry signals unique to this strategy.
Note : The above features listed above are accurate at the time of publishing, but may be altered in future.
Many thanks to guikroth & Insilico for sharing their open source indicators, and also to the original developer of the strategy itself for sharing it.
Range Candles - JDThis tool takes a "RANGE" chart and transforms it into "NORMAL" or "HEIKEN-ASHI" candles.
Instantly giving you a much better visual interpretation of the "range" information!!!
NOTE: due to the nature of Pinescript and how range charts are constructed it's possible the candles are not formed on every tick!!!
When formed though, they don't repaint and are calculated differently for every bar so you get approximately the most accurate view at the price action that Tradingview can offer you!
For compasrison:
this is a view of the "1 minute" chart:
this is the normal "1 range" chart without the candles
this is the same "1 range" chart with Heiken-Ashi candles
this is the normal "1000 range" chart (+/- equal to the 1 minute) without the candles
this is the same "1000 range" chart with Heiken-Ashi candles
JD.
#NotTradingAdvice #DYOR
Disclaimer.
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
I build these indicators for myself and provide them open source, to use for free to use and improve upon,
as I believe the best way to learn is toghether.
Range Filter Strategy with ATR TP/SLHow This Strategy Works:
Range Filter:
Calculates a smoothed average (SMA) of price
Creates upper and lower bands based on standard deviation
When price crosses above upper band, it signals a potential uptrend
When price crosses below lower band, it signals a potential downtrend
ATR-Based Risk Management:
Uses Average True Range (ATR) to set dynamic take profit and stop loss levels
Take profit is set at entry price + (ATR × multiplier) for long positions
Stop loss is set at entry price - (ATR × multiplier) for long positions
The opposite applies for short positions
Input Parameters:
Adjustable range filter length and multiplier
Customizable ATR length and TP/SL multipliers
All parameters can be optimized in TradingView's strategy tester
You can adjust the input parameters to fit your trading style and the specific market you're trading. The ATR-based exits help adapt to current market volatility.
Range Tightening Indicator (RTI)The Range Tightening Indicator (RTI) quantifies price volatility relative to recent price action, helping traders identify low-volatility consolidations that often precede breakouts.
Range Tightening is calculated by measuring the range between each bar’s high and low prices over a chosen lookback period.
A 5-bar period is recommended for shorter-term momentum setups and a 15-bar period is recommended for swing trading. An option for a custom period is available to suit specific strategies. The default look back for custom is 50, ideal for longer term traders.
Other Key Features:
Dynamic Color Coding: The RTI line turns green when volatility doubles after a drop to or below 20, flagging significant volatility shifts commonly seen before breakouts.
Low-Volatility Dots: Orange dots appear on the RTI line when two or more consecutive bars show RTI values below 20, visually marking extended low-volatility periods.
Volatility Zones: Shaded zones provide quick context:
Zone 1 (0-5): Extremely tight volatility, shown in red.
Zone 2 (5-10): Low volatility, shown in light green.
Zone 3 (10-15): Moderate low volatility, shown in green.
The RTI indicator is ideal for traders looking to anticipate breakout conditions, with features that highlight consolidation phases, support momentum strategies, and help improve entry timing by focusing on shifts in volatility.
This indicator was inspired after Deepvue's RMV Indicator, but uses a different calculation. Results may vary.
Range Breakout Signals (Intrabar) [LuxAlgo]The Range Breakout Signals (Intrabar) is a novel indicator highlighting trending/ranging intrabar candles and providing signals when the price breaks the extremities of a ranging intrabar candles.
🔶 USAGE
The indicator highlights candles with trending intrabar prices, with uptrending candles being highlighted in green, and down-trending candles being highlighted in red.
This highlighting is affected by the selected intrabar timeframe, with a lower timeframe returning a more precise estimation of a candle trending/ranging state.
When a candle intrabar prices are ranging the body of the candle is hidden from the chart, and one upper & lower extremities are displayed, the upper extremity is equal to the candle high and the lower extremity to the candle low. Price breaking one of these extremities generates a signal.
The indicator comes with two modes, "Trend Following" and "Reversal", these modes determine the extremities that need to be broken in order to return a signal. The "Trend Following" mode as its name suggests will provide trend-following signals, while "Reversal" will aim at providing early signals suggesting a potential reversal.
🔶 DETAILS
To determine if intrabar prices are trending or ranging we calculate the r-squared of the intrabar data, if the r-squared is above 0.5 it would suggest that lower time frame prices are trending, else ranging.
This approach allows almost obtaining a "settings" free indicator, which is uncommon. The intrabar timeframe setting only controls the intrabar precision, with a timeframe significantly lower than the chart timeframe returning more intrabar data as a result, this however might not necessarily affect the displayed information by the indicator.
🔶 SETTINGS
Intrabar Timeframe: Timeframe used to retrieve the intrabar data within a chart candle. Must be lower than the user chart timeframe.
Auto: Select the intrabar timeframe automatically. This setting is more adapted to intraday charts.
Mode: Signal generation mode.
Filter Out Successive Signals: Allows removing successive signals of the same type, returning a more easily readable chart.
Range ( Adjustable ) HLLSfor range of the price ( Adjustable )
This indicator shows you in what price range it may move.
This indicator is adjustable. You must set your installation to the past of its chart. (depends on timeframe)
Pay attention to adapt it in different time frames and with your strategy.
The function of this indicator is simple.
Based on the first factor (the number of previous candles), you can adjust average range channel with the second factor for height of the channel.
Range Adaptive EMA Float Series Inputuses range and change distance on arrays to allow for more control as well as any choice of input value as a controller for how tightly it grips the input signal.
Range BreakoutThis indicator makes easy to identify a range breakout in both the direction
Expected input is number of days that we should expect the range to be in
Range Box (Nephew_Sam_)Version 1
Creates a box around a specified time range with the ability to extend the lines to a later time.
Next update:
- Background in box
- Remove historical boxes
- Extend lines in future instead of only till current price
There's similar but complex indicators out there, I'll leave this code as open source and you have permission to reuse and not credit me.
Range ColumnsQuite simple, this plots the range of each candle (high - low). My main intention for this study is for weekly or monthly NG1! .
Range Action Verification Index (RAVI) The indicator represents the relative convergence/divergence of the moving
averages of the financial asset, increased a hundred times. It is based on
a different principle than the ADX. Chande suggests a 13-week SMA as the
basis for the indicator. It represents the quarterly (3 months = 65 working days)
sentiments of the market participants concerning prices. The short moving average
comprises 10% of the one and is rounded to seven.
Predictive Ranges [LuxAlgo]The Predictive Ranges indicator aims to efficiently predict future trading ranges in real-time, providing multiple effective support & resistance levels as well as indications of the current trend direction.
Predictive Ranges was a premium feature originally released by LuxAlgo in 2020.
The feature was discontinued & made legacy, however, due to its popularity and reproduction attempts, we deemed it necessary to release it open source to the community.
🔶 USAGE
The primary purpose of this indicator is to provide potential support & resistance levels on the chart by estimating future trading ranges.
When the price reaches one of the upper/lower levels of the Predictive Ranges we can expect the price to reverse.
If the price exits the predicted range, new levels are given in real-time & they do not repaint. Higher "Factor" values allow returning longer term and wider ranges less susceptible to be exited.
🔹 Estimating Trend Directions
Users are able to easily estimate trend directions by looking at the central levels of the predictive ranges, which represent an estimate of the price central tendency.
If this central level increases it means the price is up-trending, if it is decreasing price is down-trending.
🔶 SETTINGS
Length: ATR Length used for the indicator calculation. Higher values will tend to return ranges of equal width.
Factor: Control the ranges width. Higher values will return less frequent ranges, each having a higher width.
Timeframe: Indicator timeframe output.
Source: Input source of the indicator. It is recommended to use input sources on the same scale as the price.
