Graphics or examples of what it looks like in action - Range Signals

The "Range Signals A.I." indicator from Smart Trading Indicators is designed to provide traders with a clear and accurate view of market movements in real-time. Its detailed visual presentation and clear signals make it intuitively easy to follow, even for those who are new to trading.

Below, we will delve into what this indicator looks like in action through graphical examples and detailed descriptions:

Basic Indicator Visualization:

• Range Filter Line: This is a smoothed line that moves with the price. It helps identify the overall market trend. If the price is mostly above this line, it indicates an uptrend, and if it's below, a downtrend.

• Target Bands: These bands, one upper and one lower, represent potential areas of resistance and support, respectively. They are calculated based on volatility and price range and can serve as indicators for profit-taking or stop adjustments.

Buy and Sell Signals:

• Buy Signal: It appears as a "BUY" icon or label on the chart, usually below a specific candle or bar. This signal is generated when there is a potential change in the market direction towards an uptrend.

• Sell Signal: It is visualized as a "SELL" icon or label, usually above a particular candle or bar. It indicates a potential change towards a downtrend.

Interaction with Target Bands:

In this example, we will observe how price interacts with the Target Bands, which can be useful for defining additional entry or exit strategies.

• Touching the Upper Band: When the price touches or approaches the upper Target Band, it could indicate overbought conditions or imminent resistance. This could be a good time to consider taking profits in a long position.

• Touching the Lower Band: If the price touches or approaches the lower Target Band, it may signal oversold conditions or nearby support. Here, traders might consider buying or closing short positions.