Range trading: Crypto currency market as for 08/21/2018Here 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 certain probability.
BTCUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 6007
Long position 2
(The price today will not fall below this mark with a probability 95%) 5877
Long position 3
(The price today will not fall below this mark with a probability 99%) 5747
Short position 1
(The price today will not rise above this mark with a probability of 68%) 6582
Short position 2
(The price today will not rise above this mark with a probability of 95%) 6712
Short position 3
(The price today will not rise above this mark with a probability of 99%) 6842
ETHUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 250.54
Long position 2
(The price today will not fall below this mark with a probability 95%) 240.15
Long position 3
(The price today will not fall below this mark with a probability 99%) 229.65
Short position 1
(The price today will not rise above this mark with a probability of 68%) 295.40
Short position 2
(The price today will not rise above this mark with a probability of 95%) 305.89
Short position 3
(The price today will not rise above this mark with a probability of 99%) 316.38
XRPUSD
Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.2883
Long position 2
(The price today will not fall below this mark with a probability 95%) 0.2710
Long position 3
(The price today will not fall below this mark with a probability 99%) 0.2536
Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3467
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3640
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3814
Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. About mentioned probabilities are not 100% and do not guarantee risk-free trading.
