Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I thought I would share how I use the CurrentDayOHLV43 from @Fat Tails. As the two charts below show, I am focused on the "Average Daily Noise", or volatility, element of the study. I'm focused on RTH only. Specifically, I manually mark the 100% and 200% Fib Extensions of the ADN range. You will notice the blue horizontal lines. As a momentum trader, it is quite impressive for setting targets.
Billsingh, I use the study to show me 3 day rolling pivot levels which I find to be great for setting price targets. I don't use any pivot as a method to enter a trade, only for setting exit points for a momentum trade I'm in.