While not a technical indicator, range bars can be used to identify trends and to interpret volatility. Since range bars take only price into consideration, and not time or other factors, they provide traders with a unique view of price activity.
The range value will help traders know when to increase or decrease their entry and exit levels. It will help traders know when to possibly fade a move at the extremes.
Past performance is not necessarily indicative of future results.
Trading Tips using the Alpha Bar Tick Range Indicator -
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Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.