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Opening Range Pivots
Description:
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 15/30/60 minutes and for swing or position trades it is the 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.

Licenses are for TradeStation 9.+ One-Time Fee, Single User and Protected Code.

$295

All Pivots (Floor, Globex, First Hour, OR Pivots)
$895



Example

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 8.+, 9.+
Screen Shot/Video
Parameter Setups
Requirements
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