What is it?
Range Low is the lowest price an asset reaches over a specified period. It helps identify support levels or potential reversal points.

How is it used?

  • Reversals: A price bouncing off the Range Low may signal a buying opportunity.
  • Support: Range Low often acts as a floor where prices find support.
  • Stop-loss placement: Set stops below the Range Low for long trades.

How is it calculated?

Range Low = Min(Low1, Low2, …, Lown)  

Where n is the lookback period (e.g., 14).

The above content is designed for informational purposes only, and is explicitly not investment advice. Algo Pilot is a US based technology company and not a bank, broker-dealer, or RIA. As such, Algo Pilot LLC does not provide investment advice and is not a member, SIPC. Brokerage services offered by 3rd parties are not directly affiliated with Algo Pilot LLC, and Algo Pilot users may choose the broker relationship that they desire.