Category Trend  Published on 02/07/2012

Dynamic Range Indicator

Description

Identify Reversal Points in Trends

Powerful Indicator Catches Market Bottoms And Tops and Identifies Trends

BEFORE They Start! Easy to Trade - No Previous Knowledge Needed!

This one-of-a-kind indicator has a great aim: Catching market bottoms and tops. This may seem like a tough goal for an indicator, but the DYNAMIC RANGE INDICATOR™ achieves this goal with 95% accuracy!

 

It uses a mechanism to identify overbought and oversold periods in price and signals Buy or Sell.


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nobr3ga's avatar
nobr3ga

Joined on 14.12.2011

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: Dynamic Range Indicator.algo
  • Rating: 2.86
  • Installs: 6525
  • Modified: 13/10/2021 09:55
Comments
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T.
T.Stefano · 9 years ago

This indicator isn't working with the latest cTrader software

AP
Apfelsaft85 · 11 years ago
it does not display anything :( Is there a bug in the formula?
cAlgo_Fanatic's avatar
cAlgo_Fanatic · 11 years ago
You can add this statement to the beginning of the Calculate method: if(index < LevelH) return; to avoid an Argument Out Of Range Exception when the index is less than LevelH. There is also some redundant code like: int iSeriesCloseCnt = MarketSeries.Close.Count-1; //... if(index == iSeriesCloseCnt) // this is always true
traderfx's avatar
traderfx · 11 years ago
I hate indicators like this ones which a) Don't do as mentioned b) totally freezes the trading platform. Not worth the time.