Range trading: Crypto currency market as for 03/01/2020

3 בינו׳ 2020

Under that heading we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with the certain probability.


BTCUSD




Long position 1
(The price today will not fall below this mark with a probability of 68%) 6997
Long position 2
(The price today will not fall below this mark with a probability of 95%) 6797
Long position 3
(The price today will not fall below this mark with a probability of 99%) 6598


Short position 1
(The price today will not rise above this mark with a probability of 68%) 7122
Short position 2
(The price today will not rise above this mark with a probability of 95%) 7322
Short position 3
(The price today will not rise above this mark with a probability of 99%) 7522


ETHUSD




Long position 1
(The price today will not fall below this mark with a probability of 68%) 123.80
Long position 2
(The price today will not fall below this mark with a probability of 95%) 119.67
Long position 3
(The price today will not fall below this mark with a probability of 99%) 115.53


Short position 1
(The price today will not rise above this mark with a probability of 68%) 131.55
Short position 2
(The price today will not rise above this mark with a probability of 95%) 135.68
Short position 3
(The price today will not rise above this mark with a probability of 99%) 139.82


XRPUSD




Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.1853
Long position 2
(The price today will not fall below this mark with a probability of 95%) 0.1786
Long position 3
(The price today will not fall below this mark with a probability of 99%) 0.1720


Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.1930
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.1997
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.2063


Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.