Support Board
Date/Time: Mon, 13 Jan 2025 08:51:01 +0000
Post From: Daily Range Band Malfunction
| [2017-04-10 17:04:11] |
| User91630 - Posts: 25 |
|
Ok, so maybe I have been asking the wrong questions then. I appreciate you putting the chartbook together for me, but I am confused as to how to use it. I guess maybe my general assumption about how the indicator worked was wrong. I assumed that the DRB would anchor to the current day's high or low, allowing price to reach the ADR high or low. Basically that it would move dynamically in conjunction with price. Without any anchor in price, all I have are two random lines on the chart correct? For instance in the chart book you sent me, today's ADR is 73. Yet the DRB has a band that is 117 points wide. Where is the practical application? Thank you for your patience. |