A trading indicator that defines a dealing range between swing highs and lows, identifying premium, fair price, and discount zones based on market structure and liquidity.
Explore complementary indicator rolesHow it works
The indicator identifies established swing high and low points by tracking liquidity grabs across different timeframes. It calculates a dealing range between these pivotal points, which are confirmed when specific liquidity conditions are met. The range is divided into three distinct zones: premium (upper third), fair price (middle third), and discount (lower third).
Traders can customize the indicator's parameters, such as pivot length, timeframe, and visualization settings. The tool allows for external liquidity identification above and below swing points, providing additional context for potential price movements and market structure analysis.
Why it may be useful
The dealing range indicator helps traders understand market dynamics by visualizing key price levels and potential trading opportunities. By segmenting the price range into premium, fair price, and discount zones, traders can make more informed decisions about entry and exit points based on market structure.
This approach provides a systematic method for identifying high-probability trade setups, allowing traders to align their strategies with the current market context. The flexibility in timeframe and parameter settings makes it adaptable to various trading styles and market conditions.
When to explore it
This indicator works best in trending markets where clear market structure and liquidity dynamics are evident. Traders should use it in conjunction with other technical analysis tools to confirm signals and identify potential entry and exit points. It is particularly effective when the trend is bullish and price is in the discount zone, or when the trend is bearish and price is in the premium zone.
The dealing range indicator is most valuable for traders who focus on market structure, liquidity analysis, and systematic trading approaches. It can be applied across different timeframes and asset classes, making it a versatile tool for scalpers, day traders, and swing traders seeking a structured approach to market analysis.
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What we’ve verified
Access, alerts and repainting behaviour have not been independently verified for this indicator. Check the creator’s current publication and settings.
General descriptions and classifications are recovered research. Verified details above identify the specific checks we have completed. Check the creator’s current publication for later changes.
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