peak activity range indicator the range height can be used measured move or not in 5 minute chart?

 Yes, the range height from a Peak Activity Range indicator can be effectively used for measured moves on a 5-minute chart. Measured moves simply rely on projecting the size of an initial price swing or range to predict future profit targets or support/resistance levels. [1, 2, 3, 4]

How Measured Moves Work with Range Height

• Projection (Target): In a "Measured Move Down" or "Measured Move Up," traders calculate the height of the detected range and project that exact distance from the breakout point to establish a target. [1]
• Calculation: If the peak activity range has a height of $10 and price breaks out of the zone, the typical measured move target would be the breakout point ± $10.

Best Practices on a 5-Minute Chart

• Timeframe Context: Because 5-minute charts have considerable "noise," consider applying a longer-term timeframe (e.g., 1-hour or 4-hour) inside the indicator's settings. This allows the 5-minute chart to respect larger, more reliable institutional levels.
• Volume Confirmation: Ensure that the peak activity zone is verified by a high-volume node rather than a random price spike.
• Target Management: You can find these capabilities automated or built into scripts on platforms like TradingView. [1, 2, 3, 4]

If you're looking to integrate measured moves with this indicator, tell me:

• Which specific platform or script are you using (e.g., LuxAlgo on TradingView)?
• Are you trading forex, crypto, or stocks?

I can give you exact setup instructions and formulas for calculating your targets.

• Range Detector — Indicator by Alpha_Wizard - TradingView

  Jul 5, 2026 — on a 5 minute chart, set detection timeframe to 1h to see larger intraday ranges. on a 15 minute chart, set detection timeframe to...