The Opening Range is the range obtained from the highest and lowest price of a security during the first minutes of daily trading activity. For example, an opening range can be calculated for the first 5, 15 or 30 minutes. This Opening Range is a multi-timeframe (MTF) indicator .
Get all of the most critical indicators in one package. Market Levels provides VWAP, Value Area High/Low, Point of Control, Initial Balance, Open, High, Low, Close and more helping you identify key price areas. Levels are plotted for the full session and a user customized session.
The Volatility Index (VIX) is a real-time market index that represents the market's expectation of 30-day forward-looking volatility. The VIX moves inversely to the indices and is often used as an indicator of upcoming market moves to time precise entries and exits. AKA Fear Gauge or Fear Index
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Eliminate noise with this indicator and identify long lasting and actionable trends with zero lag! It accurately visualizes trends and works on any chart type, detecting Bullish, Bearish and Neutral markets.
The Slow Relative Strength Index is an adaptation of the classic RSI calculation, customized for use in higher timeframes. The slow RSI calculation compares the close price with an exponential moving average instead of the previous value.
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George Douglass Taylor thoroughly studied the markets and developed a sophisticated strategy for trading them. His method has been handed down over the generations as the "Taylor Trading Technique" and is widely recognized as one of the most solid fundamental old school trading approaches.
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