day range and day trading

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
 
you fancy yourself a smart bloke eh

well guess what, been there, done that, long ago, and moved to better ways :cool:
 
Quote from flyingforget:

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
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).
 
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