Narrowest range in 7
Neutral — the break decidesThe tightest bar of the last seven, and tucked inside the one before it — not a call on direction, just a note that the spring is coiled
Most patterns resolve their way only 50–60% of the time — nearly half miss.
Textbook shape
How to read it
The tightest high-to-low range of the last seven bars, and tucked inside the bar before it. NR7 is short for 'narrowest range in 7'.
It is not a directional call — not up, not down, just a note that the spring is coiled. Volatility tends to alternate between expansion and contraction, so an unusually tight bar is often followed by a wide one.
That makes the next bar's escape the thing to watch, not this bar. Think of it as the one-day version of a quiet volume box.
Real example
US stockAAPLDaily
Completed 2016-09-27
CryptoBTC-USDDaily
Completed 2015-10-04
A window SQMATE's detectors actually flagged in past bars. It records a day that worked out — the same shape doesn't always resolve the same way.
On SQMATE
No more eyeballing charts
You don't have to flip through charts hunting for shapes. Signal watch pings your browser the moment a condition is met, patterns on your watchlist arrive by email, and the screener lists every symbol that matched today.
SQMATE draws the lines
Support lines, trendlines, channels — the lines you need to read a pattern are drawn for you, so no time goes into drawing.
Patterns aren't the whole story
The same shape doesn't always resolve the same way. It's safer to read it together with candles, volume, and market context — news, catalysts, flows.