Range Engine Range breakout probability indicator for NinjaTrader 8

Quick info

Platform

NinjaTrader 8 on Windows

Concept

Measured odds on which way a new range resolves

Designed for

Futures traders who work ranges and want to know which side comparable ranges have broken

Best used when

A new range forms and you are deciding whether the level you are watching is worth taking

Markets

ES and NQ at 5, 15 and 60 minutes; YM, RTY, GC and CL at 15 and 60 minutes; micros through the Viewer

Data

Up to 20 years of one-minute history per market, tested out-of-sample on 613,865 calls (History)

Access

Part of the FlowForged Suite, free during the private beta

What Range Engine does

Range Engine finds the active price range on your chart and, the moment a new range forms, states the probability that it resolves upward or downward.

That number is a measured frequency. For each market and timeframe, every range in up to twenty years of one-minute history was recorded with the conditions it formed under and how it resolved. When a new range forms, Range Engine looks up how ranges like it have resolved and writes the answer on the range.

The call never changes after it is issued. When price resolves out of the range, the box freezes, dims, and earns a green check or a red X, so the chart keeps its own score as you scroll back.

Purpose

Most range tools show you where the range is and leave the hard question to you: which side is it likely to break? Range Engine answers that question with the record instead of a hunch, the same way every time.

It gives you a consistent way to:

• See the odds on every new range the moment it forms
• Thin the chart down to the calls strong enough to matter
• Get an alert when a call clears your threshold, without watching the screen
• Check how the calls have been running on the market you trade

Why choose it

Range Engine is built so you can trust what is on the chart.

• Measured on each market's own history. ES, NQ, YM, RTY, GC and CL are each measured separately, never borrowed from one another.
• Tested out-of-sample. Each market and timeframe was fit on history up to a cut-off date, then tested on the years after it, data the engine had never seen. See every call in the History tab
• No repaint. Calls are computed from closed bars and fixed the moment the range forms.
• Frozen, not re-fit. The measurements ship frozen, so the same range in the same conditions gets the same call today that it got in the fit. The 5-minute ES and NQ calls are refreshed monthly.
• It keeps score in public. Checks and X marks use fixed colors that are never restyled, so how the calls are running is always visible.
• Light on your platform. It reads standard minute bars. No Order Flow+, no Level 2 and no Tick Replay needed.

Built on the data

Range Engine is the suite's statistical core. ES, NQ and YM history runs from 2006, crude from 2008, and gold and RTY from 2017. ES and NQ each carry hundreds of thousands of ranges across the three timeframes.

UP 75% means ranges like this one resolved upward about three times in four across the record. Measured frequencies describe what comparable ranges have done. They are not a forecast of what price does next, and not a trade recommendation.

Key capabilities

• A call on every range at formation, with the probability on the called side
• Multi-chart relay: the engine runs on small 5, 15 and 60-minute background charts, and your 1-minute execution chart draws every range and call with no engine or extra data series of its own. How the relay works
• Checks and X marks that record each outcome in fixed colors
• Context adjustment that refines each call for the conditions the range formed in, set from the same research as the probabilities
• A render gate that draws only calls at or above 65, 70 or 75%, cycled from the toolbar
• Formation alerts at your own threshold, once per range, live bars only, with a sound picker
• A month-to-date panel with the live call and this month's calls by tier
• Full line and color styling, with a color pair per timeframe
• The unified FlowForged toolbar pill, the suite-wide Master Switch and a Strategy Builder series

How to set up Range Engine in NinjaTrader 8

1. Open a minute chart of a supported market: ES or NQ at 5, 15 or 60 minutes, or YM, RTY, GC or CL at 15 or 60 minutes, on the default CME session template (opens 18:00 ET).
2. Add FF Range Engine from the Indicators window and keep Calculate on bar close. It checks the bar grid on load and tells you if the template does not match.
3. Pick a role. Leave Standalone to compute and draw on this chart, or run Publish on small background charts and Viewer on your execution chart, including a 1-minute chart with Tick Replay.
4. Alerts are off by default. To hear calls, turn on Enable alerts in Alerts, set the threshold (70% by default) and choose a sound.
5. On the chart toolbar, cycle the gate (ALL, 65, 70, 75) and switch history, reference lines, labels and the panel to taste.

New to NinjaTrader add-ons? The install guide covers importing, Tick Replay and common fixes.

Range Engine FAQ

Works well with

Conclusion

Range Engine is not a signal generator, and it does not predict where price goes next. It tells you what comparable ranges have done, measured on years of each market's own history, and then shows you on your own chart how those calls are running. Use it as context for the level you are already watching:

• See the odds the moment a range forms
• Skip the ranges that don't clear your bar
• Let the checks and X marks show you how it is running

Futures trading involves substantial risk and is not for every investor. Measured frequencies describe what comparable ranges have done in the past and are not indicative of future results. Range Engine is an analytical tool, not trading advice.