Range Factor

Range Factor

It can be used with any forex trading systems / strategies for additional confirmation of trading entries or exits.

Go long if price is above upper band. Go short if price is below lower band.

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No information on this site is investment advice or a solicitation to buy or sell any financial instrument. Past performance is not indicative of future results. Trading may expose you to risk of loss greater than your deposits and is only suitable for experienced investors who have sufficient financial means to bear such risk.

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07/28/2022

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fabio407 Thanks, Nicolas. Very useful. Would you tell me where to find what result conveys the functi...
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Nicolas This is not an instruction of the programming language but a variable from this indicator (l...
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fabio407 OK. I didn't notice it. Many thanks, Nicolas!
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Wilko And not only readable.... makes it much easier to iterate different entry/exit-conditions, d...
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Doctrading Hello, Higher timeframes are better. I suggest D1 or H4.Best regards,
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Pinkybouh hello, I propose to add another conditions: ie: haussier: close > open and close >...
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TheHovisTrader I'd be interested in the actual profit of this - in the example the stop range is at least 2...
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Nicolas si il n'y a pas de stoploss définit dans le code, alors c'est normal :)
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bertrandpinoy bonjour merci pour la réponse. Oui b sur ... est il possible que le SL soit coder sous une a...
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Nicolas ok mais pourquoi poser la question ici ? Pour des questions non spécifique à cette article, ...
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julien1978 The ADR value that is plotted intraday does not match the value of the regular ATR indicator...
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Fab666 I've tried to get a fix for this also but no luck, it doesn't print the correct data as far ...
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Seabiscuit Hi! With the new PRT update, this indicator does not work anymore
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Dimi.A Awesome mate.
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mora87 Hi David and Nicola, I'd like to share idea with you guys which is related to David's Idea. ...
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Nicolas Please ask for custom coding in forums instead.
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Naren Yanan what is    diplus  diminus  please
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Barney Has anyone tested this algon now when PRT 10.3 was released?
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Yngve does anyone know if the issue with the TP/SL is resolved ?
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JakeDB Answered my own question....Sorry about this question. 5 positions, take profit at 15, loss ...
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Manuel9z Hello, this strategy improves with the SL 30 and the TP 10. I have done backtesting and it w...
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smurfy Hi, I had been losing on gold and after I manually go through the 5min chart using IG and w...
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eiffel Hi Smurfy, hope you are still there... I would like to help you to write and test the code.
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Wilko This code is the work of a simple genius! Profitability lies in simplicity and repetition.
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Nicolas Good joke. FYI, you'll find many identified recurring patterns there: http://paststat.com G...
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Yngve i added a MA as a filter, that improved the equity curve quit nice actually
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Doctrading Hello,  The strategy should be improved, no doubt. But it was just one of my ideas, which h...
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ALEALE Yes Nicolas is very difficult, macro economic data can destroy any work!!  
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styrke depends which.. I personally think that it's much more easier to trade on XBTUSD, try to co...
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David Thanks for the explanation Nicolas.
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freecat1899 Hello, I wanted to create a percent ADR based on this indicator, so I wrote this code that I...
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revstrat At first glance, I see this mistake. You shouldn't average the highs and the lows. You shoul...
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GraHal Ooops got that excited I sent that last one twice! ha (and can't delete it, sorry) I got it...
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Eric n = 3  dont forget to allow 3 contract in proorder
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UkCoopDownUnder Tried EURUSD GMT and GMT -1, as far back as I can go, Nov 2018 on 15mn Tf, 22% loss
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Doctrading Hello, Someone asked me something (his results seemed to be different) on my email, but it ...
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Glen Marquis Not your best..So what is your best strategy? :)
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Benjamin Costa Ok thank you for your answers. Gianpiero, i have an Interactive brokers account. Noisette, i...
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oldup It works on ProOrder - but  I don't like the maxWin = MaxLoss.    
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oldup Just divise StopLoss /2 - Result is better  

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