Range trading: Crypto currency market as for 08/11/2019

Under that heading we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with the certain probability.

Long position 1
(The price today will not fall below this mark with a probability of 68%) 8848
Long position 2
(The price today will not fall below this mark with a probability of 95%) 8451
Long position 3
(The price today will not fall below this mark with a probability of 99%) 8053

Short position 1
(The price today will not rise above this mark with a probability of 68%) 9491
Short position 2
(The price today will not rise above this mark with a probability of 95%) 9889
Short position 3
(The price today will not rise above this mark with a probability of 99%) 10186

Long position 1
(The price today will not fall below this mark with a probability of 68%) 178.89
Long position 2
(The price today will not fall below this mark with a probability of 95%) 172.38
Long position 3
(The price today will not fall below this mark with a probability of 99%) 165.87

Short position 1
(The price today will not rise above this mark with a probability of 68%) 192.93
Short position 2
(The price today will not rise above this mark with a probability of 95%) 199.44
Short position 3
(The price today will not rise above this mark with a probability of 99%) 205.95

XRPUSD

Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.2751
Long position 2
(The price today will not fall below this mark with a probability of 95%) 0.2643
Long position 3
(The price today will not fall below this mark with a probability of 99%) 0.2536

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.2966
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3073
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3181

Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.