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![]() It's all about range! TOP LEFT ( green )is the MAXIMUM RANGE BOTTOM LEFT ( crimson ) is the MINIMUM RANGE TOP RIGHT ( orange )is the AVERAGE RANGE BOTTOM RIGHT ( grey ) is the NUMBER OF BARS CHECKED BIG NUMBER ( white ) IS THE CURRENT RANGE. Knowing the hourly statistics is what gives us the "edge".... PRICE MUST EXIT THE BUY ZONE. |
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![]() That is my screen. I have the TRO PRICE COMPASS and the MTF version displayed. The arrows indicate the direction the price is moving and it's "strength". It's a simple formula that I created. You can see the RANGE is displayed twice. Once for 24 H1 bars and once for 960 H1 bars. TOP LEFT ( green ) is the MAXIMUM RANGE BOTTOM LEFT ( crimson ) is the MINIMUM RANGE TOP RIGHT ( orange ) is the AVERAGE RANGE BOTTOM RIGHT ( grey ) is the NUMBER OF BARS CHECKED BIG NUMBER ( white ) IS THE CURRENT RANGE. These range statistics give me an idea when to exit the trade. ![]() Last edited by TheRumpledOne; 01-17-2008 at 09:58 PM. |
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