Daily Trading Range (DTR)
Too often in trading, we’ve seen traders go for unrealistic targets. That is, targets that are outside the daily trading ranges of individual currency pairs. Understanding the daily trading range and its impact on currencies has vastly improved our trading performance – so we’ve set about to creating an indicator that would help you do the same. The Daily Trading Range indicator allows you to identify the predicted high and low of the day. Any position can be modelled to remain within these parameters as targets outside this range have a much lower probability of success.This software is perfect for matching significant daily levels and finding levels of confluence and is an invaluable tool for drastically enhancing performance.