Fixed Range Indicator

➢ Fixed Range (Indicator in Trading view)

➢ No settings need to be changed
➢ Select Fixed Range and click on starting point on the chart from
where you want to measure and then click again at the point till
which you want to measure.
➢ It shows volume bars and shows where the maximum exchange
of hands happened. Where there was most interest.
➢ Biggest bar will show maximum exchange point. Maximum
volume level. Where maximum buyers and sellers meet.
➢ We can use this on Future charts of Indexes
➢ (Nifty/Bank Nifty etc)
➢ (Current Continuous Contract Charts in Trading view)
➢ We will combine it with basic price action for extra
confirmation.
➢ It can help us in Gap ups/downs as well.
➢ If the price closes far above the maximum volume bar level,
there are chances of a gap up. Vice versa.
➢ We can use this indicator to find crucial levels with volume bars
➢ On 5 minutes chart, we can mark Fixed Range from opening to
closing.
➢ On 15 minutes chart, we can mark from opening to closing.
➢ We can mark range of 1 to 2 days for Intraday trading decisions.
➢ We can mark range of 4-5 days for short swing trading
decisions.
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