A CRT indicator for TradingView
Candle Range Theory (CRT) treats every candle as a range. Price runs through one side of it, closes back inside, and the opposite side of the range becomes the target. The skill is deciding which candle's range matters. CICPro+ overlays higher timeframe ranges on your chart and flags the sweep.
How does Candle Range Theory work?
Take a higher timeframe candle and mark its high and low. When a later candle trades beyond one side and then closes back inside the range, the move beyond it is read as a sweep. The other side of the range becomes the draw.
The idea is simple. The difficulty is choosing the range and the timeframe, and keeping it visible while you execute on a lower one.
Which ranges matter?
Most CRT work starts from the previous day's range, the weekly open, or the gap between the Friday close and the Sunday open. CICPro+ plots PDH and PDL, PWH and PWL, daily and weekly opens, and NWOG and NDOG opening gaps so these reference prices are always on the chart.
How far does a range usually run?
A target is more useful when it is measured against how far price normally travels. The ADR and CDR dashboard shows the average daily range against the current one, with the percentage already used, and ATR targets project forward levels from the signal candle.
How the CRT setup reads on a chart
- 01
Choose the range
Select the higher timeframe candle whose range you want to trade from.
- 02
Watch for the sweep
A Devil's Mark flags the candle that takes liquidity beyond the range.
- 03
Confirm the close
Price has to close back inside the range for the sweep to count.
- 04
Mark the target
The opposite side of the range, a fair value gap, or an ATR target gives the draw.
What CICPro+ plots for CRT
HTF candle ranges
Higher timeframe ranges overlaid on your execution chart.
Key levels
PDH, PDL, PWH, PWL, daily and weekly opens, and NWOG and NDOG gaps.
Devil's Mark
Liquidity sweeps flagged on the candle that takes them.
Fair value gaps
Drawn as they form and removed as they are mitigated.
ADR, CDR and ATR
Range dashboard and forward targets projected from the signal candle.
Questions about CRT
- Is there a CRT indicator for TradingView?
- Yes. CICPro+ overlays higher timeframe candle ranges, flags sweeps with Devil's Mark, and plots the reference levels that Candle Range Theory traders use, all on one chart.
- What does CRT stand for in trading?
- CRT stands for Candle Range Theory, a way of reading a candle's high and low as a range that price sweeps on one side before targeting the other.
- Does CICPro+ tell me when a CRT setup is valid?
- It marks the sweep, the close back inside the range and the levels around it. Whether the setup is worth taking is your decision.
CICPro+ is an independent analysis tool and is not affiliated with the creators of GxT, TTFM or CRT. It does not give financial advice or trade signals. Trading carries a risk of loss; read the risk disclaimer.