Projections

Daily Range Projections – indicator MetaTrader 5

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Daily Range Projections
The indicator forecasts high and low price values of a financial asset considering yesterday’s (completed) and today’s day candlesticks parameters. Tomorrow’s price range X depends on the current day Close and Open prices ratio. Three relations are possible among them: if Сlose[0] < Open [0], then Х = (High[1] + Low[1] + Close[1] + Low[1] … Read more

Daily Range Projections Full – indicator MetaTrader 5

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Daily Range Projections Full
The indicator forecasts high and low price values of a financial asset for the current trading day considering yesterday’s (completed) and today’s day candlesticks parameters. Tomorrow’s price range X depends on the current day Close and Open prices ratio. Three relations are possible among them: if Сlose[0] < Open [0], then Х = (High[1] + … Read more