_ Dr _ Idr _ Pillow Talk With | Themas7er _ Thurs...
The methodology is built on defining specific price ranges during the first hour of a trading session to predict the remainder of the day's price action.
If a 5-minute candle closes below the DR low, there is an 80% probability that the DR high will remain the high of the entire session. _ DR _ IDR _ pillow talk with TheMas7er _ Thurs...
09:30 AM – 10:30 AM (US Equities Open). The methodology is built on defining specific price
TheMas7er’s strategy relies on a "Confirmation" signal to determine the directional bias with a statistical probability often cited at : TheMas7er’s strategy relies on a "Confirmation" signal to
03:00 AM – 04:00 AM (London Session).
If a 5-minute candle closes above the DR high after the range-setting hour, there is an 80% probability that the DR low will remain the low of the entire session.
A candle closing above or below the IDR (Implied Defining Range) levels serves as an early signal that a full DR confirmation may follow. DR/IDR V1 — Indicator by TheMas7er - TradingView