✦ Free MT5 Indicator
Free Tool: Range Identifier Indicator
Automatically detect and visualise consolidation ranges on your chart — so you can spot breakout setups as they happen and look back hostorically and simply to assist in developing range-based strategies.
- ATR-based range detection that automatically identifies consolidation zones across any timeframe and instrument
- Visual range boxes and high/low lines drawn directly on your chart — breakouts flagged as they happen
- Fully configurable — set your own consolidation thresholds, ATR multipliers, lookback periods and visual styling
- Drop it onto any MT5 chart — works on forex, indices, commodities and share CFDs
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