PropTraderz

The “Twin Range Filter Free indicator for Ninja Trader” is essentially a trend-following logic combined with adaptive volatility filters. The indicator starts with a given price series, usually the close of each bar (the source). All calculations are based on this input.   Same indicator for TradingView can be found  HERE Range Trading Explained HERE   Computing the Smoothed Range : The indicator calculates two “smoothed ranges” based on two different periods (a fast period and a slow period) and then averages them. Fast Range: Uses a shorter period and a multiplier to measure recent volatility. Slow Range: Uses a longer period and a multiplier to gauge a more extended…