TRO DYNAMIC RANGE
TRO DYNAMIC RANGE is a tool for predicting how high/low today's candle may go based on user inputs.
The iRange input defaults to Average Daily Range (5). You can use anything you want.
iHigh is the value that iRange is subtracted from to get the LOW PROJECTION.
iLow is the value that iRange is added to to get the HIGH PROJECTION.
iOffset is used for how many bars back as in iHigh[iOffset].
The idea is to find a projection setting that gets hit more often than not.
post your indicators here
1 post • Page 1 of 1
- rank: 10000+ posts
- Posts: 12981
- Joined: Sun May 14, 2006 9:31 pm
- Reputation: 1631
- Location: Oregon
- Real name: Avery T. Horton, Jr.