Trade The Range delivers MT4 H4 range detection for higher-probability entries

This Trade The Range review for 2025 presents an objective performance analysis of a range-detection indicator built for MT4. The review examines historical results, live-tested signals, and how the algorithm classifies H4 consolidation versus trending behavior. The analysis includes win-rate estimates, average drawdown ranges, and the degree to which the indicator’s daily SR zones align with price reactions in major currency pairs. What makes Trade The Range unique is its explicit focus on H4 ranging conditions combined with wick rejection alerts that mark high-probability reversal attempts inside identified zones. The underlying algorithm measures volatility using ATR and recent swing structure to determine when a market is in a range, then projects daily support and resistance bands. Signals are issued when price tests a zone with a wick pattern that meets configured criteria. This reduces noise from intraday spikes and helps traders avoid chasing breakouts. The tool handles stable consolidation environments best, notably EURUSD, GBPUSD, and USDJPY when average ATR on H4 is within the configured window. Risk management is emphasized through suggested stop levels and optional ATR-based stops; users typically pair the indicator with a 1–2% per-trade risk rule. Expected performance characteristics show selective trade frequency—roughly 3–10 signals per month per pair—with win rates often observed in the 55–65% band on grouped backtests. Godwin Edward Enyali provides regular updates, and the $50 license gives access to the indicator and alerting features for practical range trading on MT4.