day range and day trading

Discussion in 'Strategy Development' started by flyingforget, Feb 27, 2008.

  1. I find if the day range is greater than specific value

    then it is much easier to catch trend in day trading

    I creat an indicator to measure it

    dayrange/ATR of a specific time frame

    the greater the indicator ,

    the easier to catch the trend in day trading
  2. cold


    you fancy yourself a smart bloke eh

    well guess what, been there, done that, long ago, and moved to better ways :cool:
  3. The problem is that you don't know how much will be today range until tomorrow (or until the close).

    Speaking of ranges, short range days or Candlestick stars, often signal a pivot point (at least short term).