The Range Bars used in more Professional trading platforms to keep smoothness on the charts and help make custom range price candles based on the range size chosen for the market being traded. Example an 8 Range bar on the ES or MES Futures is 8 ticks = 2 points. Another Example on NQ a 22 Range bar popularly traded by trading professionals is a total of 22 ticks = 5 1/2 points on the Nasdaq or Micro NQ futures. Simple add to charge, set the range bar setting with a particular range setting in mind and then for clarity uncheck the original price chart on top left corner, same way you would disable an indicator temporarily. Works very clear and nice. A good accommodation for trading View as trading view does not offer historical tick data to use Renko bars very well at the moment.
Basically plots a candle rather then a OHLC bar for Range Bars on TV!
Default color was set to my Viper Futures Chart, you can change back to green/red, etc.
This is a great tool for market structure. Is it possible if you could share the code for this? I'd love to add more information to it!
ViperFutures
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@makuchaku, Thank you for the coins, and feedback. just sent over to you, I think I may have a version with alerts that someone sent over a year ago but need to look for it
Avinash9977
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I can't put a certain value on the Indicator to see, Could you help please, It is really a wonderful indicator for sure
Trader-Bobby
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Can I ask is Viper Trend Trader still available?
ViperFutures
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@Trader-Bobby, should be if not it is because trading view didn’t find it unique and removed it. I built it for myself and my own branding.