Opening Range Pivots
The Opening Range time is the initial time frame of trading for a stock or commodity at the start of each new trading session. For day-traders, this range could be the first 5/15/30/60 minutes or any time-range (ex: 930a-1100a or 12.00p-1.00p) from open. Swing or position trades use it for first hour range. Once this range is identified, the first hour pivots and support/resistance levels are calculated. This range usually sets the direction for the day and acts as important levels for intra-day trading.
Key Features:
- Dynamic Opening Range Pivots plots…
- Works in all time-frames.
- Trading using the Opening Range pivot produces excellent results. In stronger markets, a long trade is initiated when prices pullback to the Opening Range pivot. A target for this trade is set at the first resistance. In weaker markets, prices crossing below the Opening Range pivot could signal a trend reversal and a short trade may be initiated.
- All variables, Colors, Targets are configurable.
- Light weight; Programmed for Efficiency.
- Works with TradeStation 9.+
All Product Licenses: TradeStation 9.5 or TradeStation 10+, Permanent Licenses, One-Time Fee, Single User and Protected Code.
Opening Range Pivots - $345
All Pivots (Floor, Globex, First Hour, OR Pivots) - $995
If you are having difficulties with Paypal Cart, Please send an email to suriNotes@gmail.com to receive an authorization for direct Paypal payment link.
Screen Shots:
