Price range and date range

الفكرة بكلمات بسيطة

Often you only need one dimension: how tall a range is (for a breakout target), or how long a pattern or a pause has lasted.

طريقة الحساب

Click a start and an end point. The price range shades the band between the two prices across the chart; the date range shades the period between the two times.

Price range = end price − start price (and ÷ start price × 100 in percent)
Date range = candles and time between the two points

كيفية الاستخدام

• Measure a trading range to project a breakout target (the range's height added to the breakout level).
• Compare how long consolidations lasted before earlier breakouts.

استخلاص النتائج

• A breakout from a range often travels about the height of the range.

ما يجب الانتباه إليه

• Measured moves are a rule of thumb, not a promise.

لمحة تاريخية

Basic measuring tools found in every charting platform.