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The Complete Guide to Range IndicatorsThe range indicator is a technical tool that measures the limits of price movement over a specified time frame.
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The range indicator is a technical tool that measures the limits of price movement over a specified time frame. It is estimated that market prices are engaged in uptrends and downtrends just 15% to 20% of the time, with the balance spent within the boundaries of trading ranges that can be relatively narrow or wide. This indicator attempts to determine the characteristics of prices caught within these ranges, seeking to predict future movement and direction.