Range Trader Pro
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- Auto detects ranges in any chart at any scale
- Point and click lets you set support/resistance lines
- Trade on price position within range (e.g. sell tops/buy bottoms)
- Alerts on price breakouts
- Alerts on price rebounds (hitting pivot points)
- Outputs detailed range metrics for algorithmic trading
- Fully customizable
2. The gradient (slope) of the range
3. Crossings and rebounds at the range levels
Working with Ranges
+1 ⇒ The price has rebounded downwards from a resistance
-1 ⇒ The price has rebounded upwards from a support
-2 ⇒ The price has crossed downwards through a resistance
Interactive Mode
- Single mouse click to toggle the active range
- Shift + mouse click to toggle a support/resistance line
Supports and Resistance
Get Range Trader Pro at Tenlibrary.com
Settings
- Split: The number of grid intervals each range cell is divided into
- Range threshold: Ranges below this number of bars are ignored
- Range elasticity: Higher elasticity means ranges can grow bigger and longer
Additional settings
- Channel color: The display color for ranges displayed on the chart
- Selected channel color: The color for the active range
- Sound alerts: Switch sound alerts on or off
- Popup alerts: Switch popup alerts on or off
- Ping interval: Minimum number of second between each alert
- Maximum history bars: To avoid processing the entire history
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