Deaing Range [TradeWithRon]

Automatic Dealing Range [TradeWithRon] is a precise single-timeframe dealing range & Fibonacci analysis tool built to objectively define Premium, Discount, EQ (50%), and high-probability retracement zones — without manual drawing.

Designed for ICT, Smart Money, and price-action traders, this indicator automatically tracks the previous period High, Low, and EQ, plots customizable Fibonacci presets (including OTE), highlights fill zones, and provides real-time premium/discount context through a dynamic data table.


Why Use This Indicator?

• Automatically defines clean dealing ranges
  
• Removes subjective Fibonacci placement
  
• Clearly shows where price is trading in the range
  
• Helps enforce patience & discipline
  
• Keeps charts structured and lightweight
  

Core Features

• Single timeframe dealing range
  
• Manual timeframe control (Weekly, Daily, etc.)
  
• Previous High / Low / EQ (50%)
  
• Multiple Fibonacci presets:
  -OTE
  -ICT
  -RON
  -RANGE
  -Custom
  
• Custom fill zones between any two fib levels
  
• Optional OTE-style retracement zones
  
• Optional right-side closing time box
  
• Dynamic line extension options
  
• Stop lines when High or Low is crossed
  
• Optional mitigated line-style change
  
• Fully customizable styling & visibility
  
• Premium / Discount data table
  

How I Trade This:

• Define the Dealing Range
  
• Select a higher timeframe (ex: Daily or Weekly)
  
• Let the indicator plot:
  
• Previous High
  
• Previous Low
  
• EQ (50%)
  

This becomes your active dealing range.
Respect Premium & Discount

• Below 50% (EQ) → Discount → Long-side interest
  
• Above 50% (EQ) → Premium → Short-side interest
  
• I avoid taking trades against the range framework.
  

Refine with Fibonacci Presets:
Use:

• OTE preset for 62–79% retracements
  
• ICT or RON presets for expansion targets
  
• Highlight custom fill zones where reactions are expected
  The indicator defines the area — not the entry.
  

Execute on Lower Timeframe:

• I only enter trades when price reacts in my zone with:
  
• Market Structure Shift (MSS)
  
• Displacement
  
• Fair Value Gap (FVG)
  
• Liquidity sweep into the range
  

Targets & Risk Management:

• Partial profits near EQ (50%)
  
• Final targets:
  
• Previous High / Low
  
• External liquidity
  
• Stops beyond:
  
• Structure invalidation
  
• Dealing range High or Low
  

Best Confluences

• Market Structure (BOS / MSS)
  
• Fair Value Gaps
  
• Liquidity Sweeps
  
• Session Highs & Lows
  
• Killzones (London / New York)
  

Markets & Timeframes
✔ Forex
✔ Indices
✔ Crypto
✔ Futures
✔ Stocks
Works on any chart, optimized for HTF → LTF execution models.

Premium / Discount Data Table
The built-in table shows:

• Previous High
  
• Previous Low
  
• Current price position (% of range)
  
• Live Discount / Premium classification
  
• This keeps you aligned with HTF context at all times