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7-Day Narrow Range (NR7)
NR7
NR7 stands for "Narrow Range 7." It identifies a day (or bar) with the narrowest trading range of the past seven days.
Traders often watch for NR7 patterns as they can indicate a period of consolidation before a potential breakout. A narrow range suggests that volatility is low, and a breakout could lead to a significant price move.
NR7 signals are often used in conjunction with other technical indicators and analysis techniques.
Remember that NR7 is just one tool, and no indicator is perfect. Always use sound risk management.
NR7 stands for "Narrow Range 7." It identifies a day (or bar) with the narrowest trading range of the past seven days.
Traders often watch for NR7 patterns as they can indicate a period of consolidation before a potential breakout. A narrow range suggests that volatility is low, and a breakout could lead to a significant price move.
NR7 signals are often used in conjunction with other technical indicators and analysis techniques.
Remember that NR7 is just one tool, and no indicator is perfect. Always use sound risk management.
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秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。