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Trapped Trader Range
█ OVERVIEW
Trapped Trader Range (TTR) is a unique trading octave system that helps traders identify potential areas of price or trend reversal before the market reacts. TTR identifies levels where traders may have become "trapped" in their positions, either by selling short at the bottom of a range or buying at the top of a range.
TTR levels are listed from 100% to 0% in 12.5% intervals, with "100%" representing the location of possibly trapped buyers and "0%" representing the location of possibly trapped sellers. The indicator updates dynamically, with the color fills of the levels changing as the indicator detects validation or invalidation of the trapped trader scenario.
Blue color fills are possible areas of support created by trapped short sellers, while red color fills are possible areas of resistance created by trapped buyers. Traders can use TTR in a variety of ways, such as identifying key levels for potential trade entries or exits, as well as using it to confirm/validate other technical analysis tools.
█ CONCEPTS
TTR offers traders the ability to identify potential areas of trapped traders on their chart's timeframe, but it also provides the option to zoom out and view these levels on higher timeframes. This can be beneficial as it allows traders to take a top-down approach to their analysis, which can lead to more informed, safer trading decisions.
When traders focus solely on the timeframe they are entering and exiting trades on, they may miss important market dynamics playing out on higher timeframes. By zooming out and looking at the bigger picture, traders can gain a better understanding of the overall market sentiment, which can provide valuable insight for their trades.
This can be a safer approach as it allows them to avoid getting caught up in the noise of the lower timeframe and wait for a more significant move to develop. By waiting for confirmation from the higher timeframe, traders can increase their probability of success and reduce their risk of entering trades prematurely.
The most commonly used time periods for octave trading systems are 16, 32, and 64. These time periods correspond to the number of bars on the chart and align with the natural "rhythms" of the market, however, it's strongly recommended to test different time periods to find what works best for you.
See complete TTR Product Guide for more info.
Trapped Trader Range (TTR) is a unique trading octave system that helps traders identify potential areas of price or trend reversal before the market reacts. TTR identifies levels where traders may have become "trapped" in their positions, either by selling short at the bottom of a range or buying at the top of a range.
TTR levels are listed from 100% to 0% in 12.5% intervals, with "100%" representing the location of possibly trapped buyers and "0%" representing the location of possibly trapped sellers. The indicator updates dynamically, with the color fills of the levels changing as the indicator detects validation or invalidation of the trapped trader scenario.
Blue color fills are possible areas of support created by trapped short sellers, while red color fills are possible areas of resistance created by trapped buyers. Traders can use TTR in a variety of ways, such as identifying key levels for potential trade entries or exits, as well as using it to confirm/validate other technical analysis tools.
█ CONCEPTS
TTR offers traders the ability to identify potential areas of trapped traders on their chart's timeframe, but it also provides the option to zoom out and view these levels on higher timeframes. This can be beneficial as it allows traders to take a top-down approach to their analysis, which can lead to more informed, safer trading decisions.
When traders focus solely on the timeframe they are entering and exiting trades on, they may miss important market dynamics playing out on higher timeframes. By zooming out and looking at the bigger picture, traders can gain a better understanding of the overall market sentiment, which can provide valuable insight for their trades.
This can be a safer approach as it allows them to avoid getting caught up in the noise of the lower timeframe and wait for a more significant move to develop. By waiting for confirmation from the higher timeframe, traders can increase their probability of success and reduce their risk of entering trades prematurely.
The most commonly used time periods for octave trading systems are 16, 32, and 64. These time periods correspond to the number of bars on the chart and align with the natural "rhythms" of the market, however, it's strongly recommended to test different time periods to find what works best for you.
See complete TTR Product Guide for more info.
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作者的說明
Subscribe to Invader Trading Suite at http://www.invaderinc.com for access. Send DM or email support@invaderinc.com for more info.
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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。
僅限邀請腳本
僅作者批准的使用者才能訪問此腳本。您需要申請並獲得使用許可，通常需在付款後才能取得。更多詳情，請依照作者以下的指示操作，或直接聯絡invaderinc。
請注意，此私人、僅限受邀使用者使用的腳本未經腳本審核員審核，其是否符合社群規範尚待確定。 TradingView不建議在未完全信任作者並了解其運作方式的情況下購買或使用腳本。您也可以在我們的社群腳本中找到免費的開源替代方案。
作者的說明
Subscribe to Invader Trading Suite at http://www.invaderinc.com for access. Send DM or email support@invaderinc.com for more info.
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。