RangeDetector Pro [DTMM]

Range Detector Pro – All-in-One Breakout & Risk Management System

Overview:

RangeDetector Pro automatically detects tight price zones (ranges) and identifies valid breakouts with precision. It includes built-in features for position management, risk analysis, and target projection – all visualized directly on your chart. Designed for swing traders, day traders, and anyone who trades breakout setups professionally.

Key Features

1. Breakout Signals
   * Auto-detected Long/Short breakout signals
   * Visual icons (🚀/🔻) on breakout bars
   * Breakout strength shown as a percentage
   
2. Take Profit Targets
   * Auto-calculated TP levels based on range height
   * Customizable TP multiplier (default: 1.5x)
   * Green dotted lines for visual TP zones
   
3. Stop Loss Management
   * Auto-SL below/above the detected range
   * Adjustable buffer (default: 0.1%)
   * Red dotted lines for SL levels
   
4. Risk/Reward Analysis
   * Real-time R/R ratio display for every setup
   * Color-coded: Green >2, Orange >1.5, Red <1.5
   * Clearly marked entry zone
   
5. Volume Analysis
   * Displays average volume inside the range
   * Breakout volume status: 🔥 HIGH / 📈 NORMAL / 📉 LOW
   
6. Smart Alerts
   * Breakout alerts with full context: direction, strength, volume
   * Alerts trigger once per bar
   * Includes symbol, price, and breakout intensity
   
7. Live Trading Dashboard
   * Compact in-chart dashboard showing:
   * Range size (%)
   * Breakout type and strength
   * Volume rating
   
8. Risk Management Panel
   * Prominent R/R ratio display
   * Visual overview of entry and target zones
   * Helps define position sizing and risk tolerance
   

Custom Settings

• TP Multiplier: 0.5x – 5x (default: 1.5x)
  
• SL Buffer: 0.05% – 1% (default: 0.1%)
  
• Enable/disable each feature individually
  
• Optional alert system
  

Disclaimer:
This is a trading tool, not financial advice. Always trade responsibly and backtest before using in live environments.