diff --git a/docs/docs/components/custom.mdx b/docs/docs/components/custom.mdx
index 0982848e0..382c40cc4 100644
--- a/docs/docs/components/custom.mdx
+++ b/docs/docs/components/custom.mdx
@@ -73,7 +73,7 @@ The CustomComponent class serves as the foundation for creating custom component
   | _`required: bool`_         | Makes the field required.                                                                                                                                                                                                                                                   |
   | _`info: str`_              | Adds a tooltip to the field.                                                                                                                                                                                                                                                |
   | _`file_types: List[str]`_  | This is a requirement if the _`field_type`_ is _file_. Defines which file types will be accepted. For example, _json_, _yaml_ or _yml_.                                                                                                                                     |
-
+  | _`range_spec: langflow.field_typing.RangeSpec`_ | This is a requirement if the _`field_type`_ is _`float`_. Defines the range of values accepted and the step size. If none is defined, the default is _`[-1, 1, 0.1]`_.                                                                                                     |
 - The CustomComponent class also provides helpful methods for specific tasks (e.g., to load and use other flows from the Langflow platform):
 
   | Method Name    | Description                                                         |
diff --git a/src/backend/langflow/field_typing/__init__.py b/src/backend/langflow/field_typing/__init__.py
index 30a8d8abe..6fc932e6f 100644
--- a/src/backend/langflow/field_typing/__init__.py
+++ b/src/backend/langflow/field_typing/__init__.py
@@ -24,6 +24,7 @@ from .constants import (
     Tool,
     VectorStore,
 )
+from .range_spec import RangeSpec
 
 __all__ = [
     "NestedDict",
@@ -48,5 +49,6 @@ __all__ = [
     "BasePromptTemplate",
     "ChatPromptTemplate",
     "Prompt",
+    "RangeSpec",
     "TemplateField",
 ]
diff --git a/src/backend/langflow/field_typing/range_spec.py b/src/backend/langflow/field_typing/range_spec.py
new file mode 100644
index 000000000..036d21fa9
--- /dev/null
+++ b/src/backend/langflow/field_typing/range_spec.py
@@ -0,0 +1,21 @@
+from pydantic import BaseModel, field_validator
+
+
+class RangeSpec(BaseModel):
+    min: float = -1.0
+    max: float = 1.0
+    step: float = 0.1
+
+    @field_validator("max")
+    @classmethod
+    def max_must_be_greater_than_min(cls, v, values, **kwargs):
+        if "min" in values.data and v <= values.data["min"]:
+            raise ValueError("max must be greater than min")
+        return v
+
+    @field_validator("step")
+    @classmethod
+    def step_must_be_positive(cls, v):
+        if v <= 0:
+            raise ValueError("step must be positive")
+        return v
diff --git a/src/backend/langflow/interface/types.py b/src/backend/langflow/interface/types.py
index 08c00afbb..41c6ed350 100644
--- a/src/backend/langflow/interface/types.py
+++ b/src/backend/langflow/interface/types.py
@@ -8,6 +8,9 @@ from uuid import UUID
 
 from cachetools import LRUCache, cached
 from fastapi import HTTPException
+from loguru import logger
+
+from langflow.field_typing.range_spec import RangeSpec
 from langflow.interface.agents.base import agent_creator
 from langflow.interface.chains.base import chain_creator
 from langflow.interface.custom.custom_component import CustomComponent
@@ -31,7 +34,6 @@ from langflow.template.field.base import TemplateField
 from langflow.template.frontend_node.constants import CLASSES_TO_REMOVE
 from langflow.template.frontend_node.custom_components import CustomComponentFrontendNode
 from langflow.utils.util import get_base_classes
-from loguru import logger
 
 
 # Used to get the base_classes list
@@ -272,6 +274,10 @@ def update_field_dict(field_dict):
         field_dict["value"] = field_dict["value"](field_dict.get("options", []))
         field_dict["refresh"] = True
 
+    # Let's check if "range_spec" is a RangeSpec object
+    if "rangeSpec" in field_dict and isinstance(field_dict["rangeSpec"], RangeSpec):
+        field_dict["rangeSpec"] = field_dict["rangeSpec"].model_dump()
+
 
 def add_extra_fields(frontend_node, field_config, function_args):
     """Add extra fields to the frontend node"""
diff --git a/src/backend/langflow/template/field/base.py b/src/backend/langflow/template/field/base.py
index aa39da213..7571f5209 100644
--- a/src/backend/langflow/template/field/base.py
+++ b/src/backend/langflow/template/field/base.py
@@ -3,6 +3,8 @@ from typing import Any, Callable, Optional, Union
 
 from pydantic import BaseModel, ConfigDict, Field, field_serializer
 
+from langflow.field_typing.range_spec import RangeSpec
+
 
 class TemplateField(BaseModel):
     model_config = ConfigDict()
@@ -60,6 +62,9 @@ class TemplateField(BaseModel):
     refresh: Optional[bool] = None
     """Specifies if the field should be refreshed. Defaults to False."""
 
+    range_spec: Optional[RangeSpec] = Field(None, serialization_alias="rangeSpec")
+    """Range specification for the field. Defaults to None."""
+
     def to_dict(self):
         return self.model_dump(by_alias=True, exclude_none=True)
 
@@ -68,3 +73,11 @@ class TemplateField(BaseModel):
         if self.field_type == "file":
             return value
         return ""
+
+    @field_serializer("field_type")
+    def serialize_field_type(self, value, _info):
+        if value == "float":
+            # check if range_spec is set
+            if self.range_spec is None:
+                self.range_spec = RangeSpec()
+        return value
diff --git a/src/frontend/src/CustomNodes/GenericNode/components/parameterComponent/index.tsx b/src/frontend/src/CustomNodes/GenericNode/components/parameterComponent/index.tsx
index 160f8c051..b08b92bb9 100644
--- a/src/frontend/src/CustomNodes/GenericNode/components/parameterComponent/index.tsx
+++ b/src/frontend/src/CustomNodes/GenericNode/components/parameterComponent/index.tsx
@@ -457,6 +457,7 @@ export default function ParameterComponent({
             <FloatComponent
               disabled={disabled}
               value={data.node?.template[name].value ?? ""}
+              rangeSpec={data.node?.template[name].rangeSpec}
               onChange={handleOnNewValue}
             />
           </div>
diff --git a/src/frontend/src/components/codeTabsComponent/index.tsx b/src/frontend/src/components/codeTabsComponent/index.tsx
index 2ff5bd591..bf9f4ff74 100644
--- a/src/frontend/src/components/codeTabsComponent/index.tsx
+++ b/src/frontend/src/components/codeTabsComponent/index.tsx
@@ -472,6 +472,11 @@ export default function CodeTabsComponent({
                                                           templateField
                                                         ].value
                                                   }
+                                                  rangeSpec={
+                                                    node.data.node.template[
+                                                      templateField
+                                                    ].rangeSpec
+                                                  }
                                                   onChange={(target) => {
                                                     setData((old) => {
                                                       let newInputList =
diff --git a/src/frontend/src/components/floatComponent/index.tsx b/src/frontend/src/components/floatComponent/index.tsx
index 7e57361f0..9b3376499 100644
--- a/src/frontend/src/components/floatComponent/index.tsx
+++ b/src/frontend/src/components/floatComponent/index.tsx
@@ -7,11 +7,14 @@ export default function FloatComponent({
   value,
   onChange,
   disabled,
+  rangeSpec,
   editNode = false,
 }: FloatComponentType): JSX.Element {
-  const step = 0.1;
-  const min = -2;
-  const max = 2;
+  const step = rangeSpec?.step ?? 0.1;
+  const min = rangeSpec?.min ?? -2;
+  const max = rangeSpec?.max ?? 2;
+  console.log("FloatComponent", value, disabled, rangeSpec, editNode);
+  console.log("FloatComponent", step, min, max);
 
   // Clear component state
   useEffect(() => {
@@ -40,7 +43,9 @@ export default function FloatComponent({
         disabled={disabled}
         className={editNode ? "input-edit-node" : ""}
         placeholder={
-          editNode ? "Number -2 to 2" : "Type a number from minus two to two"
+          editNode
+            ? `Enter a value between ${min} and ${max}`
+            : `Enter a value between ${min} and ${max}`
         }
         onChange={(event) => {
           onChange(event.target.value);
diff --git a/src/frontend/src/components/intComponent/index.tsx b/src/frontend/src/components/intComponent/index.tsx
index 56fec347e..633d7bd8d 100644
--- a/src/frontend/src/components/intComponent/index.tsx
+++ b/src/frontend/src/components/intComponent/index.tsx
@@ -1,5 +1,5 @@
 import { useEffect } from "react";
-import { FloatComponentType } from "../../types/components";
+import { IntComponentType } from "../../types/components";
 import { handleKeyDown } from "../../utils/reactflowUtils";
 import { Input } from "../ui/input";
 
@@ -9,7 +9,7 @@ export default function IntComponent({
   disabled,
   editNode = false,
   id = "",
-}: FloatComponentType): JSX.Element {
+}: IntComponentType): JSX.Element {
   const min = 0;
 
   // Clear component state
diff --git a/src/frontend/src/modals/EditNodeModal/index.tsx b/src/frontend/src/modals/EditNodeModal/index.tsx
index e48816f5e..325fce195 100644
--- a/src/frontend/src/modals/EditNodeModal/index.tsx
+++ b/src/frontend/src/modals/EditNodeModal/index.tsx
@@ -360,6 +360,10 @@ const EditNodeModal = forwardRef(
                                     <FloatComponent
                                       disabled={disabled}
                                       editNode={true}
+                                      rangeSpec={
+                                        myData.node!.template[templateParam]
+                                          .rangeSpec
+                                      }
                                       value={
                                         myData.node.template[templateParam]
                                           .value ?? ""
diff --git a/src/frontend/src/types/components/index.ts b/src/frontend/src/types/components/index.ts
index 4ff343e6c..965887fec 100644
--- a/src/frontend/src/types/components/index.ts
+++ b/src/frontend/src/types/components/index.ts
@@ -138,10 +138,26 @@ export type DisclosureComponentType = {
     }[];
   };
 };
+
+export type RangeSpecType = {
+  min: number;
+  max: number;
+  step: number;
+};
+
+export type IntComponentType = {
+  value: string;
+  disabled?: boolean;
+  onChange: (value: string) => void;
+  editNode?: boolean;
+  id?: string;
+};
+
 export type FloatComponentType = {
   value: string;
   disabled?: boolean;
   onChange: (value: string) => void;
+  rangeSpec: RangeSpecType;
   editNode?: boolean;
   id?: string;
 };
diff --git a/tests/test_llms_template.py b/tests/test_llms_template.py
index 352056de7..30a15c932 100644
--- a/tests/test_llms_template.py
+++ b/tests/test_llms_template.py
@@ -88,6 +88,7 @@ def test_openai(client: TestClient, logged_in_headers):
         "list": False,
         "advanced": False,
         "info": "",
+        "rangeSpec": {"max": 1.0, "min": -1.0, "step": 0.1},
         "fileTypes": [],
     }
     assert template["max_tokens"] == {
@@ -118,6 +119,7 @@ def test_openai(client: TestClient, logged_in_headers):
         "list": False,
         "advanced": False,
         "info": "",
+        "rangeSpec": {"max": 1.0, "min": -1.0, "step": 0.1},
         "fileTypes": [],
     }
     assert template["frequency_penalty"] == {
@@ -133,6 +135,7 @@ def test_openai(client: TestClient, logged_in_headers):
         "list": False,
         "advanced": False,
         "info": "",
+        "rangeSpec": {"max": 1.0, "min": -1.0, "step": 0.1},
         "fileTypes": [],
     }
     assert template["presence_penalty"] == {
@@ -148,6 +151,7 @@ def test_openai(client: TestClient, logged_in_headers):
         "list": False,
         "advanced": False,
         "info": "",
+        "rangeSpec": {"max": 1.0, "min": -1.0, "step": 0.1},
         "fileTypes": [],
     }
     assert template["n"] == {
@@ -237,6 +241,7 @@ def test_openai(client: TestClient, logged_in_headers):
         "list": False,
         "advanced": False,
         "info": "",
+        "rangeSpec": {"max": 1.0, "min": -1.0, "step": 0.1},
         "fileTypes": [],
     }
     assert template["logit_bias"] == {
@@ -359,6 +364,7 @@ def test_chat_open_ai(client: TestClient, logged_in_headers):
         "list": False,
         "advanced": False,
         "info": "",
+        "rangeSpec": {"max": 1.0, "min": -1.0, "step": 0.1},
         "fileTypes": [],
     }
     assert template["model_kwargs"] == {
@@ -403,6 +409,7 @@ def test_chat_open_ai(client: TestClient, logged_in_headers):
         "list": False,
         "advanced": False,
         "info": "",
+        "rangeSpec": {"max": 1.0, "min": -1.0, "step": 0.1},
         "fileTypes": [],
     }
     assert template["max_retries"] == {