Instantly Know the Average Daily Range for Any Market or Time frame.
Day Ranger lets you see immediately whether a market is performing “normally.”
Day Ranger allows you to quickly calculate the average true range of what’s on your chart. It gives you the trend of that instrument, enabling you to track where in the trend you are. Day Ranger also helps you compare markets to see where the best opportunities may be.
The trend is your friend. You need to know when to stop and trade with the trend, and you need to know when the trend is about to stop and possibly reverse; or enter a sideways period.
Day ranger allows you to know the true range of what you’re trading. You know the average true range – instantly. This process is a tedious, time-consuming process without Day Ranger. You have to find the average, calculate the high, then figure out where you are in relation to that. If you know you’re near the average high of your trend; you’ll trade accordingly.
Day Ranger allows you to be more accurate and nimble in your trading.
Use the Day Ranger as a way to figure out which markets to trade for the session.
Markets tend to move a certain amount during a 24-hour period. The Day Ranger gives you a display of the different day ranges – current day range, yesterday’s range, the five-day range, the ten-day range and the 30-day average range.
Use these ranges to figure out which markets have been exhausted – they have already moved their regular amount for the day and therefore probably won’t extend beyond that.
See instantly which markets still have plenty room to run compared to their average range for that time period, which means there could still be room for that market to make a profitable move.
By choosing the markets that haven’t moved very much yet compared to the typical daily range, you give yourself a better chance of catching the move, or the big move, of the day.
Day Ranger is the tool that exposes the markets that give you a better chance to profit.
Day Ranger can also show you the daily range trend, an important piece of information.
Commodity Futures Trading Commission Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
Use of any of this information is entirely at your own risk, for which Indicator Warehouse will not be liable. Neither we nor any third parties provide any warranty or guarantee as to the accuracy, timeliness, performance, completeness or suitability of the information and content found or offered in the material for any particular purpose. You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability for any such inaccuracies or errors to the fullest extent permitted by law. All information exists for nothing other than entertainment and general educational purposes. We are not registered trading advisors.