New Indicator - Big Range Bar Indicator | Forex Factory

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New Indicator - Big Range Bar Indicator

  • #1
  • First Post: Dec 23, 2019 3:56am Dec 23, 2019 3:56am
Hey Traders,

I'm super excited to share with you the new indicator the team have created - OGT Big Range Bar Indicator.

The indicator is based on the multiples of the ATR to identify big range candles.

As with all my indicators it's completely customisable to suit your own trading style.

It's not a trading system as such, but generally when there volatility in the market it provides a good signal where you can profit from.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 90 KB


OGT Big Range Bar Indicator v1.0 Download & Tutorial Video

Inserted Video

Attached File(s)
File Type: ex4 OGT Big Range Bar v1.0.ex4   9 KB | 1,759 downloads
Never stop investing. Never stop improving. Never stop doing something new
  • #2
  • Dec 23, 2019 8:55am Dec 23, 2019 8:55am
than main question is how to use this in trading ?
  • #3
  • Dec 24, 2019 1:12am Dec 24, 2019 1:12am
Quoting newbi3
than main question is how to use this in trading ?
Thanks for your question. Like I mentioned in the video the indicator is not a trading system but a high probability situation where traders can potentially profit from.

Below are a couple of screenshot examples of how you can use other indicators/tools with the big range indicator to build a trade system

Support & Resistance

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Candle Formation/Patterns

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Breakout

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Never stop investing. Never stop improving. Never stop doing something new
  • #4
  • Dec 24, 2019 1:27am Dec 24, 2019 1:27am
Quoting zoheb01
Hey Traders, I'm super excited to share with you the new indicator the team have created - OGT Big Range Bar Indicator. The indicator is based on the multiples of the ATR to identify big range candles. As with all my indicators it's completely customisable to suit your own trading style. It's not a trading system as such, but generally when there volatility in the market it provides a good signal where you can profit from. {image} OGT Big Range Bar Indicator v1.0 Download & Tutorial Video https://www.youtube.com/watch?v=-3VvBUHLCxY {file}...
Who is Hugh, and what is he selling off?
All you touch and all you see, is all your life will ever be.
  • #5
  • Dec 26, 2019 12:47pm Dec 26, 2019 12:47pm
Quoting Loftboy
{quote} Who is Hugh, and what is he selling off?
lol. It's meant to say huge!
Never stop investing. Never stop improving. Never stop doing something new
  • #6
  • Edited 10:29am Jul 17, 2020 9:31am | Edited 10:29am
Attached Image (click to enlarge)
Click to Enlarge Name: tempsnip.png Size: 47 KB

Hi Zoheb,

Thanks for developing this indi and making it available.
I was wondering if it is important whether the dot is placed at the beginning (opening side) or at the end (closing side) of a candle....?
In other words, what is the meaning of a dot below a bullish candle and what in case the dot is below a bearish candle (see picture above)?

Best regards,
Ben
  • #7
  • Jun 25, 2021 4:45pm Jun 25, 2021 4:45pm
Hi Zoheb,

Thank you for this amazing indicator, really interesting!

Do you have a dashboard by any chance that gives live notifications when a pair has a bar like this?

Just asking incase you do, that would be really really useful

Thanks again
Those who don't believe in magic will never find it
  • #8
  • Last Post: May 24, 2022 12:24pm May 24, 2022 12:24pm
I like this indicator but could you either provide the mq4 file or modify it to draw the indicator to draw on the close of the bar please?
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