ARVEX Range Matrix
Instead of manually drawing boxes, it continuously scans recent price action and highlights ranges that meet defined structural and volatility conditions. When price leaves a validated range, the script can plot projection levels based on the prior range height to support planning and chart organization.
This indicator is designed for market structure visualization and educational analysis. It does not provide financial advice.
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What you see
• A range box (high/low boundaries) when a valid consolidation is detected
• An equilibrium midline inside the range
• Optional break markers when price closes outside the range (rule-based)
• Projection levels after a confirmed break (based on the former range size)
• A compact HUD showing:
• Bias (Up / Down)
• Regime (Inside / Post-Break / Idle)
• Score (0–100) representing how clean the structure is per the script’s internal rules
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How it works (high level)
A range is validated using a combination of:
• Volatility/width constraints (ATR-aware sizing)
• Structural interaction (multiple touches / interaction with boundaries)
• Containment behavior (price spending meaningful time inside the range)
A “break” is only flagged when the script’s close-of-bar rules are satisfied (optional impulse/filters may apply depending on settings).
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How traders typically use it
• Marking consolidation zones without manual drawing
• Separating range conditions from directional/post-break conditions
• Using projected levels as reference lines for planning (not guarantees)
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Notes / Disclaimer
All outputs are rule-based and can be affected by market volatility and timeframe. No indicator can predict outcomes. Always manage risk.
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact ARVEXalgo directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact ARVEXalgo directly.
TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.