https://www.youtube.com/shorts/6hwMk4MbsV0
MaksiGen Range Move is a simplistic VertexFX client-side indicator script that generates BUY and SELL signals based on trading ranges, and range breakout methodology. The concept behind the indicator is to find the Highest Highs and Lowest Lows over a shorter period and a longer period. If the Highest Highs and the Lowest Lows are identical, it implies that the market is range bound over the specified range, and a breakout is possible. The idea is to trade the breakout on either side, using BUY-STOP or SELL-STOP trades. In the first step, we calculate the Highest High and the Lowest Low over the recent PERIOD FAST bars. These levels are displayed by SILVER dotted horizontal lines. In the second step, we calculate the Highest High and the Lowest Low over the recent PERIOD SLOW bars. Once again, these levels are displayed by SILVER dotted horizontal lines. Trendlines are drawn between the two Lowest Low levels and Highest High levels in GOLDEN color. The trendlines typical for a ...
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