_ Dr _ Idr _ Pillow Talk With Themas7er _ Thurs... Link
TheMas7er’s strategy relies on a "Confirmation" signal to determine the directional bias with a statistical probability often cited at :
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.
The strategy utilizes specific "Defining Range" windows to set the day's boundaries: _ DR _ IDR _ pillow talk with TheMas7er _ Thurs...
09:30 AM – 10:30 AM (US Equities Open).
The high and low price levels established during a specific time window, typically the first hour of a session. TheMas7er’s strategy relies on a "Confirmation" signal to
A narrower range within the DR, often based on the highest body close and lowest body close of the candles within that same timeframe. 2. Session Timings (NY Local Time)
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 A narrower range within the DR, often based
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.
