NewLight wrote: Sun Jan 23, 2022 12:53 pm Thanks, How to interpret it??, I'm new to this stuff (the whole interpretation).

Im also new to use it. DR is how many pips the pair has moved in a day. ADR is the average daily range so its the average of the DR for a set amount of time like a week/month. So if you are trading a pair you can look at the current DR and compare it to the average so you get an idea how much the pair has left to move. Its not always going to hit the average of course, but it will most likely be around their. Same thing with the Weekly Range. So if the monthly Average Weekly Range is 300, and since this week's open its been bullish like in the picture and is above 300 or close, if you had taken a buy you would be looking to exit the trade. Also you would be looking now for the price to come down since its not likely to go much higher than its WR. It might drop below its peak high and consolidate for the rest of the week. Or a change to bearish trend like the picture. The semafors are also a guide. Their was a sell rectangle, and same thing on higher tf. Please someone correct me if I'm wrong on anything since I am also new to using DR and WR.

Thanks