Get Our Daily Range Indicator

A Daily Range Indicator measures the price movement of a financial instrument within a single trading day, showing the difference between the high and low prices. It helps traders identify volatility, assess potential profit targets, and determine stop-loss levels. By comparing the current range to historical averages, traders can spot days with unusually high or low activity, helping them avoid false breakouts or recognize strong trends early. It’s especially useful for day traders and scalpers who rely on intraday price action.