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Trapped Trader Range
█ OVERVIEW
Trapped Trader Range (TTR) is a unique trading octave system that helps traders identify potential areas of price or trend reversal before the market reacts. TTR identifies levels where traders may have become "trapped" in their positions, either by selling short at the bottom of a range or buying at the top of a range.
TTR levels are listed from 100% to 0% in 12.5% intervals, with "100%" representing the location of possibly trapped buyers and "0%" representing the location of possibly trapped sellers. The indicator updates dynamically, with the color fills of the levels changing as the indicator detects validation or invalidation of the trapped trader scenario.
Blue color fills are possible areas of support created by trapped short sellers, while red color fills are possible areas of resistance created by trapped buyers. Traders can use TTR in a variety of ways, such as identifying key levels for potential trade entries or exits, as well as using it to confirm/validate other technical analysis tools.
█ CONCEPTS
TTR offers traders the ability to identify potential areas of trapped traders on their chart's timeframe, but it also provides the option to zoom out and view these levels on higher timeframes. This can be beneficial as it allows traders to take a top-down approach to their analysis, which can lead to more informed, safer trading decisions.
When traders focus solely on the timeframe they are entering and exiting trades on, they may miss important market dynamics playing out on higher timeframes. By zooming out and looking at the bigger picture, traders can gain a better understanding of the overall market sentiment, which can provide valuable insight for their trades.
This can be a safer approach as it allows them to avoid getting caught up in the noise of the lower timeframe and wait for a more significant move to develop. By waiting for confirmation from the higher timeframe, traders can increase their probability of success and reduce their risk of entering trades prematurely.
The most commonly used time periods for octave trading systems are 16, 32, and 64. These time periods correspond to the number of bars on the chart and align with the natural "rhythms" of the market, however, it's strongly recommended to test different time periods to find what works best for you.
See complete TTR Product Guide for more info.
Trapped Trader Range (TTR) is a unique trading octave system that helps traders identify potential areas of price or trend reversal before the market reacts. TTR identifies levels where traders may have become "trapped" in their positions, either by selling short at the bottom of a range or buying at the top of a range.
TTR levels are listed from 100% to 0% in 12.5% intervals, with "100%" representing the location of possibly trapped buyers and "0%" representing the location of possibly trapped sellers. The indicator updates dynamically, with the color fills of the levels changing as the indicator detects validation or invalidation of the trapped trader scenario.
Blue color fills are possible areas of support created by trapped short sellers, while red color fills are possible areas of resistance created by trapped buyers. Traders can use TTR in a variety of ways, such as identifying key levels for potential trade entries or exits, as well as using it to confirm/validate other technical analysis tools.
█ CONCEPTS
TTR offers traders the ability to identify potential areas of trapped traders on their chart's timeframe, but it also provides the option to zoom out and view these levels on higher timeframes. This can be beneficial as it allows traders to take a top-down approach to their analysis, which can lead to more informed, safer trading decisions.
When traders focus solely on the timeframe they are entering and exiting trades on, they may miss important market dynamics playing out on higher timeframes. By zooming out and looking at the bigger picture, traders can gain a better understanding of the overall market sentiment, which can provide valuable insight for their trades.
This can be a safer approach as it allows them to avoid getting caught up in the noise of the lower timeframe and wait for a more significant move to develop. By waiting for confirmation from the higher timeframe, traders can increase their probability of success and reduce their risk of entering trades prematurely.
The most commonly used time periods for octave trading systems are 16, 32, and 64. These time periods correspond to the number of bars on the chart and align with the natural "rhythms" of the market, however, it's strongly recommended to test different time periods to find what works best for you.
See complete TTR Product Guide for more info.
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作者的说明
Subscribe to Invader Trading Suite at http://www.invaderinc.com for access. Send DM or email support@invaderinc.com for more info.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
仅限邀请脚本
只有作者授权的用户才能访问此脚本。您需要申请并获得使用许可。通常情况下，付款后即可获得许可。更多详情，请按照下方作者的说明操作，或直接联系invaderinc。
请注意，此私密、仅限邀请脚本未经脚本版主审核，是否符合网站规则尚未确定。 TradingView不建议您付费购买或使用任何脚本，除非您完全信任其作者并了解其工作原理。您也可以在我们的社区脚本找到免费的开源替代方案。
作者的说明
Subscribe to Invader Trading Suite at http://www.invaderinc.com for access. Send DM or email support@invaderinc.com for more info.
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。