Trading-range Position

Trading-range Position makes location inside a range a first-class reading: when a compressed window confirms a range, the build splits it into a grid and reports where every close sits, the first dedicated build of trading-range position. Buy territory fills the lowest subdivision, sell territory the highest, the no-trade zone the middle; a live label states position as a percentage of the range plus its territory.

How to Trade the Trading-range Position?

• Territory entries: alerts fire when price enters the lower or upper subdivision, where structural stops are smallest relative to the ride across the range.
• No-trade zone: a return to the middle is alerted too. Neither location nor information favors range entries there.
• Edge resets: a recovered penetration resets the effective extreme the way a spring resets a working low; sustained closes beyond an edge resolve the range.

Edge bands span the swings that tested each side, a companion to the other Wyckoff range studies.

Trading-range Position Settings

• Formation Length (default 20): detection window whose extremes seed support and resistance.
• Maximum Range Height (default 3) with Volatility Baseline (default 200): compression ceiling in ATR multiples, and the ATR length behind it.
• Swing Length (default 5): bars each side confirming edge-test swings.
• Breakout Confirmation (default 2): consecutive closes beyond an effective extreme that resolve the range.
• Edge Reset Sensitivity % (default 5): minimum penetration depth (share of range height) reported as a reset.
• Subdivision (default Thirds): Thirds or Quarters as the position grid.
• Show Dashboard (on, Top Right, Small); style: Territory Fills, Edge Test Bands, Position Label, Keep Previous Ranges (all on), Edge Reset Markers (off).

Frequently Asked Questions

How does this differ from Accumulation vs Distribution Ranges?

What exactly is an effective extreme?

Why treat the middle as a no-trade zone?