Dealer Range Forecaster
Predicts institutional dealer ranges by analyzing market maker positioning, options flow, and historical range behavior—showing you where smart money expects price to stay contained.
What It Does
The Dealer Range Forecaster calculates where institutional dealers (market makers) are likely positioning their hedges and order flow. It projects a high and low boundary for the session/day, giving you a probabilistic range where price is expected to stay.
This is invaluable for range-bound trading strategies and risk management—when price approaches the forecasted boundaries, expect reversals or breakouts. Most days, price respects dealer ranges 70-80% of the time.
Key Features
Daily Range Projection
Forecasts the expected high and low for the session based on dealer positioning algorithms—plan your trades within the range.
Probability Distribution
Shows the likelihood of price reaching each level—68% range (likely), 95% range (very likely), 99% range (almost certain).
Boundary Breach Alerts
Get alerted when price approaches or breaches forecasted boundaries—catch breakouts or mean reversion setups.
Multi-Timeframe Support
Forecast ranges for session, daily, or weekly timeframes—scalp within session ranges or swing trade within weekly ranges.
Main Settings
| Setting | Default | Description |
|---|---|---|
| Forecast Timeframe | Daily | Session, Daily, or Weekly range forecast |
| Confidence Level | 68% | Probability threshold for range boundaries (68/95/99%) |
| Show Probability Zones | true | Display shaded probability distribution zones |
| Breach Alerts | false | Alert when price approaches or breaks boundaries |
How to Use This Indicator
1. Check the Forecasted Range
At the start of the session/day, note the forecasted high and low boundaries—this is where dealers expect price to stay.
2. Trade Mean Reversion Within Range
When price approaches the forecasted high, look for shorts; when it approaches the low, look for longs—mean reversion is high probability.
3. Watch for Boundary Breaches
If price closes above/below the forecasted range, it signals a breakout—institutions are repositioning, and a new range is forming.
4. Use Probability Zones for Risk
Place stop losses just beyond the 95% or 99% probability zones—if price moves there, it is a genuine breakout, not a false move.
Pro Tip: Combine with Range Build-Up Analyzer
Use the Range Build-Up Analyzer to confirm when price is consolidating within the forecasted dealer range—double confirmation for range-bound strategies.
View Range Build-Up Analyzer →Installation Instructions
Download the Pine Script file
Click the download button above
Open TradingView Pine Editor
Go to TradingView → Open chart → Pine Editor tab
Paste and save
Paste code → Save → Add to chart
Select forecast timeframe
Choose session, daily, or weekly range forecast
Know Where Price Will Go Before It Moves
This indicator forecasts ranges, but trading within them requires precision timing. AI PIPS sends you exact entries at range boundaries—no guessing.
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