Constant Range Detector

The Constant Range Detector Indicator is a popular and free MT4 Forex tool designed to help traders identify areas of price consolidation. By detecting when the price stays within a specific range, this indicator allows traders to make informed decisions about potential market moves.

Key Features:

🔹 Range Detection: Uses a range calculation algorithm to identify zones of consolidation.
🔹 Alert System: Notifies traders when the price breaches the defined range, signaling potential entry or exit points.
🔹 Multi-Timeframe Support: Works across various chart timeframes to suit different trading strategies.
🔹 Customizable: Adjust range settings to fit your trading style.
🔹 User-Friendly: Easy to set up and interpret, suitable for both novice and experienced traders.

Benefits for Traders:

✅ Identify Key Market Zones: Quickly spot consolidation areas where the market may be preparing for a breakout.
✅ Improve Timing of Trades: Alerts when the price breaches a range help traders capitalize on market movements.
✅ Versatile Usage: Can be used for scalping, day trading, or swing trading strategies.
✅ Free and Reliable: No cost and integrates seamlessly into your MT4 platform.

The Constant Range Detector Indicator provides traders with a clear visual representation of market consolidation and breakout opportunities, making it a valuable addition to any trading toolkit.

Input Settings & Controls

Text → The actual message or label to be displayed on the chart.
Comer → Corner of the chart where the text will be positioned.
X_Distance → Horizontal offset (in pixels) from the selected corner.
Y_Distance → Vertical offset (in pixels) from the selected corner.
Font_Color → Color of the displayed text.
Font_Size → Size of the font for the text.
Font_Face → Typeface (font style) used for the text.

Devices Supported

Device Type	Operating System	Compatibility with TradingView
💻 Windows Laptop/Desktop	Windows XP / Vista / 7 / 8 / 8.1 / 10 / 11	✅ Fully supported via app
🍏 MacBook / iMac	macOS 10.15+	✅ Fully supported via app
📱 Android / Mobile	Android OS	❌ Not supported

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