Range Filter Entries with Volume Confirmation and ATR Exits

Summary

This TradingView strategy combines a range filter with configurable entries, volume checks, and trade management. It can enter when price crosses the filter’s middle line or moves beyond its bands; an optional midpoint-pass method adds another entry type. Inputs also allow regular or Heikin Ashi candles, long and short direction settings, and several ways to lock the filter level. Volume confirmation can use average volume, increasing volume, a surge, or price movement, with an optional directional-volume filter.

Exit choices include fixed distances, swing-based risk/reward targets, multiple targets, momentum conditions, and trailing stops. The script also offers session filters, time exits, partial exits, and chart displays for signals and trade levels. The source provides a broad collection of configurable mechanics, but the supplied document is truncated and includes no strategy report or performance evidence. Its “low drawdown” label therefore cannot be assessed from the available material; results would depend on instrument, settings, costs, and testing assumptions.

Key ideas

• The strategy offers middle-line crosses and moves outside the range-filter bands as configurable entry signals.
• Volume confirmation and a directional-volume filter can be enabled to screen entries.
• Stops and targets can use ATR, fixed distances, swing levels, momentum exits, or trailing logic.
• Heikin Ashi candles, session restrictions, and partial exits are optional settings.
• The document provides no performance results to substantiate its low-drawdown label.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.