Range trading: Crypto currency market as for 29/03/2019

29 במרץ 2019

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%) 4042
Long position 2
(The price today will not fall below this mark with a probability of 95%) 4005
Long position 3
(The price today will not fall below this mark with a probability of 99%) 3969

Short position 1
(The price today will not rise above this mark with a probability of 68%) 4165
Short position 2
(The price today will not rise above this mark with a probability of 95%) 4201
Short position 3
(The price today will not rise above this mark with a probability of 99%) 4239

ETHUSD



Long position 1
(The price today will not fall below this mark with a probability of 68%) 133.69
Long position 2
(The price today will not fall below this mark with a probability of 95%) 131.36
Long position 3
(The price today will not fall below this mark with a probability of 99%) 129.03

Short position 1
(The price today will not rise above this mark with a probability of 68%) 141.95
Short position 2
(The price today will not rise above this mark with a probability of 95%) 144.28
Short position 3
(The price today will not rise above this mark with a probability of 99%) 146.61

XRPUSD



Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.3058
Long position 2
(The price today will not fall below this mark with a probability of 95%) 0.3008
Long position 3
(The price today will not fall below this mark with a probability of 99%) 0.2944

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3202
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3259
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3317

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.