OPEN-SOURCE SCRIPT
Deep Think Ranges
Deep Think Ranges
Deep Think Ranges is an, multi-timeframe indicator that mathematically identifies macro-consolidations.
The engine runs price action through two mathematical algorithms:
Fractal Dispersion (Choppiness Index): Proves the market is trapped in a dense, sideways structure.
Pearson Correlation (R²): Guarantees momentum is completely dead and price is moving in pure sideways chaos.
Features:
Multi-Timeframe Scanning: Actively monitor up to 3 higher timeframes (e.g. 4H, Daily) natively on your execution chart.
Alerts: Send push notifications the exact moment a macro range locks in.
Deep Think Ranges is an, multi-timeframe indicator that mathematically identifies macro-consolidations.
The engine runs price action through two mathematical algorithms:
Fractal Dispersion (Choppiness Index): Proves the market is trapped in a dense, sideways structure.
Pearson Correlation (R²): Guarantees momentum is completely dead and price is moving in pure sideways chaos.
Features:
Multi-Timeframe Scanning: Actively monitor up to 3 higher timeframes (e.g. 4H, Daily) natively on your execution chart.
Alerts: Send push notifications the exact moment a macro range locks in.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.