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 the certain probability.
Long position 1 (The price today will not fall below this mark with a probability of 68%) 9450 Long position 2 (The price today will not fall below this mark with a probability of 95%) 9066 Long position 3 (The price today will not fall below this mark with a probability of 99%) 8682
Short position 1 (The price today will not rise above this mark with a probability of 68%) 11070 Short position 2 (The price today will not rise above this mark with a probability of 95%) 11454 Short position 3 (The price today will not rise above this mark with a probability of 99%) 11838
Long position 1 (The price today will not fall below this mark with a probability of 68%) 196.53 Long position 2 (The price today will not fall below this mark with a probability of 95%) 185.42 Long position 3 (The price today will not fall below this mark with a probability of 99%) 174.31
Short position 1 (The price today will not rise above this mark with a probability of 68%) 235.24 Short position 2 (The price today will not rise above this mark with a probability of 95%) 246.35 Short position 3 (The price today will not rise above this mark with a probability of 99%) 257.46
XRPUSD
Long position 1 (The price today will not fall below this mark with a probability of 68%) 0.2976 Long position 2 (The price today will not fall below this mark with a probability of 95%) 0.2846 Long position 3 (The price today will not fall below this mark with a probability of 99%) 0.2725
Short position 1 (The price today will not rise above this mark with a probability of 68%) 0.3396 Short position 2 (The price today will not rise above this mark with a probability of 95%) 0.3517 Short position 3 (The price today will not rise above this mark with a probability of 99%) 0.3637
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.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.