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Volatix Range Map LITE

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Volatix Range Map LITE provides traders with a simple way to visualize intraday expected high and low zones based on daily volatility. By anchoring to the daily open and scaling ranges with the ATR, the indicator highlights the areas where price is likely to fluctuate during the session.

This LITE version gives you essential daily context, while advanced features like weekly levels, custom anchors, and win-rate stats are reserved for the PRO version. It’s ideal for traders who want a clean, visual reference for intraday price ranges without cluttering the chart.

Quick Features (Snapshot)

Daily volatility range mapping using ATR
Expected High and Low zones visualized as shaded boxes
Automatic daily anchoring to the Daily Open
Optional zone labels and information dashboard
Lightweight, overlay-friendly design

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Feature Breakdown (In Depth):

ATR-Based Daily Zones

The core calculation uses the Average True Range (ATR) of the previous day to define expected upper and lower bounds for the current session. This gives traders a probabilistic sense of where price may travel.

Daily Open Anchor

All ranges are anchored to the daily open, providing a consistent reference point for session volatility. This ensures the LITE version is simple and reliable.

Visual Boxes

Expected High Zone → shaded green box
Expected Low Zone → shaded red box
Boxes update dynamically throughout the session
Optional text labels display EXP HIGH / EXP LOW

Dashboard Overview

The LITE dashboard highlights which PRO features are locked:
Win-rate statistics
Weekly levels
Custom anchors
This encourages users to upgrade while providing essential session information.

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Settings Review:

ATR Lookback (Locked)
Defines the period used to calculate ATR for daily ranges. LITE version fixes this at 14 periods for simplicity.

Anchor Mean (Locked)
Daily Open is the default anchor for LITE. PRO allows other anchors like VWAP.

Show Labels
Toggle text labels for high/low zones.

Show Weekly Lines
Disabled in LITE; PRO includes multi-session weekly levels.

Show Info Dashboard
Displays a simple table of available features and PRO upgrades.

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Best Practices

Use Volatix Range Map LITE as a session guide, not an entry signal
Combine with price action, trend analysis, or other indicators
Focus on current session ranges; LITE is limited to daily timeframe
Reserve strategy decisions for confirmed breakouts or trend alignment
Upgrade to PRO for multi-timeframe context, custom anchors, and statistics

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Who Volatix Range Map LITE is For

Intraday traders who want a quick visual of daily price ranges
Beginners learning volatility and session dynamics
Traders who want lightweight, non-intrusive chart overlays
Users evaluating Volatix PRO for advanced features

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⚠️ Disclaimer

This indicator is for educational and analytical purposes only.

Trading carries inherent risks. Past performance does not guarantee future results. By using Volatix Pulse Map LITE you acknowledge that all trading decisions are your own. The creators of this indicator are not responsible for any gains or losses resulting from the use of this tool.

✨ Access:

If you find this Volatility tool useful, consider adding it to your favorites and sharing feedback. Check out our other indicators available at our website.

If you'd like access or have any questions, feel free to reach out to me directly via DM.

Thông báo miễn trừ trách nhiệm

Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.