Hi 8tango, Apologises for the late response. The Percentage ADR tells us how close we are to the 50% mark at which a trade is taken if confirmed. The idea is when 50% of ADR(10) is reached a trade is taken if confirmed. The lines tells us if we are ...

DHR - Daily Half Range Strategy

The narrow open range dashboard is just a basic version, there are filters to be added to confirm a narrow open range day. As every market has a narrow open range to start with. We are looking for days when the narrow open range is confirmed.......

Daily / Intraday Bias Trading

We will also look at the suggestions by cpfleger regarding multiple trade enter on a narrow open range day; after the basics are clear and others have noticed the issue with this category of trade to overcome.......

Daily / Intraday Bias Trading

Agree nice example of narrow open range and bullish bias, supported by PSAR and 50 ema. Still bullish 10 hours on from open (UCT time).

Daily / Intraday Bias Trading

This looks like a good bullish set up of 50 ema interaction with daily open line. Price has passed through 50 ema and open line from below and confirmed by PSAR. image and vice versa for below: image

Daily / Intraday Bias Trading

Agree. Open range is one category. Interact of 50 ema with daily open line is another.

Daily / Intraday Bias Trading

Thank you for joining in Firescape. The method is experimental but has already shown some nuggets of gold that potentially can be traded as a method on there own and/or part of the system being investigated. I think the day should start at 00:00 ...

Daily / Intraday Bias Trading

Lets continue with the first category of the narrow open range with an open narrow range dashboard. Due to the ongoing lack of conversation / constructive feed back, it seems I'm mostly writing to myself, all indicators now have an expiry date of ...

Daily / Intraday Bias Trading

image USDCAD Narrow open range day, bear bias. Has moved the min of ~36 pips so move could be over. However that assumption is based on EURUSD NOT USDCAD Data. The stats must be calculated for each currency pair.

Daily / Intraday Bias Trading

Ideas and modifications on the theme of the method are always welcomed. After all we want a good conversation, exchange concepts / ideas and build a better method(s). Please could the psar setting etc.. be shared? Thank you.

Daily / Intraday Bias Trading

This is what the narrow open range result looks like on EURUSD 1H Chart: image Remember we are looking at the daily time frame. Red dots a Bear Day, Blue Dots a Bull Day. Obviously we are looking at the past where everything looks great. As ...

Daily / Intraday Bias Trading

The first category to look at is the narrow open range. A narrow open range is defined as the high of the day to the open or the low of the day to the open being with a maximum range of pips. The smaller the better. The observation is: if the open ...

Daily / Intraday Bias Trading

Thats great. Missed that one, too early for me. Always another trade

DHR - Daily Half Range Strategy

TP = dotted line which is 5 pips SL = 20 pips. I understand the risk ratio is not great but that is where learning when and when not to trade comes into play through observation of what the market is telling us. It has been shown through the live ...

DHR - Daily Half Range Strategy

My setup: image Recovered 100 pip loss from yesterday already! More pips please........ Price stuck in narrow range on EURUSD good for scalping.

M1 Countertrend Scalping Strategy

Narrow open not confirmed

Daily / Intraday Bias Trading

Look how these two days look similar: image Lets see what happens..... or not. Note: Nothing works 100% of the time with forex.

Daily / Intraday Bias Trading

At present on EURUSD M15 looks like a narrow open category of trade. image If confirmed by maintaining narrow open it may move ~20 pips upwards. There is 12 years of stats to support this statement.

Daily / Intraday Bias Trading

Thank you for the suggestion. The DHR Line method is one of a number of methods I use daily and have now moved on to other projects. Good luck.

DHR - Daily Half Range Strategy