Under that heading we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes. This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities. What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with a certain probability.
Long position 1 (The price today will not fall below this mark with a probability of 68%) 1.1654 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.1629 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.1604
Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.1791 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.1816 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.1841
Long position 1 [/b (The price today will not fall below this mark with a probability of 68%) 1.2839 Long position 2 (The price today will not fall below this mark with a probability of 95%) 1.2810 Long position 3 (The price today will not fall below this mark with a probability of 99%) 1.2781
Short position 1 (The price today will not rise above this mark with a probability of 68%) 1.3010 Short position 2 (The price today will not rise above this mark with a probability of 95%) 1.3039 Short position 3 (The price today will not rise above this mark with a probability of 99%) 1.3068
Long position 1 (The price today will not fall below this mark with a probability of 68%) 104.62 Long position 2 (The price today will not fall below this mark with a probability of 95%) 104.39 Long position 3 (The price today will not fall below this mark with a probability of 99%) 104.15
Short position 1 (The price today will not rise above this mark with a probability of 68%) 105.57 Short position 2 (The price today will not rise above this mark with a probability of 95%) 105.81 Short position 3 (The price today will not rise above this mark with a probability of 99%) 106.05
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.
to much info can also confuse. Maybe not for you or your traders. What is the forecast up and down, thats obvious. I presume that you will answer with follow the trend and than choose the options? I really want to understand this way of publishing. Thank you in advance.
Trade24Fx
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@Marcel69, the aim of this idea is not to provide you with concrete trading recommendation. But with specific information. Details are explained in description to this idea.
Benard135
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Nice job but please which indicator are you using in the candle stick chart