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Range & Consolidation Detector

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Hello friends,

I’m excited to share my latest discovery with you — the Range & Consolidation Detector. This script is built on a unique methodology I’m truly proud of. It uses no traditional indicators like ADX, RSI, or ATR — just pure statistics and mathematics under the hood. No parameters to tweak, no settings to guess — it just works, right out of the box.

🛠️ How It Works
At its core is a proprietary formula that reliably identifies ranging conditions across all tickers and timeframes. It’s simple, robust, and consistent — exactly what traders need to spot sideways markets without noise or lag.

🔥 Key Features
  • Pine Script v6 – Uses the latest version for maximum performance
  • Zero configuration – No inputs to adjust, no hidden settings — the algorithm works automatically
  • Optimized performance – Runs efficiently for smooth charting
  • Universal compatibility – Works flawlessly on any asset and timeframe, in every market condition — from euphoric peaks to choppy ranges


📸 Visual Examples
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If you’d like access or have any questions, feel free to reach out to me directly via DM.

👋 Good luck and happy trading!
Nota Keluaran
  • Fixed a bug with access keys. Just reload the chart

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.