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Auto Hourly Price Movement Range (Auto HPMR)

Auto Hourly Price Movement Range (Auto HPMR)

The Auto HPMR Indicator is designed to help traders analyze market trends and make informed decisions on entry and exit points, enabling them to maximize profit potential while minimizing risk. With its user-friendly interface and customizable settings, this indicator is suitable for traders of all experience levels.

 

By incorporating historical price data, the Raghee's HPMR Indicator empowers traders with the knowledge they need to stay ahead of market movements and make confident trading decisions. Whether you're a day trader, swing trader, or investor, this powerful tool can help you gain a competitive edge in the dynamic world of trading.

  • PRODUCT INFO

    📜 ––––HISTORY & CREDITS––––
    Inspired by Raghee Horner's Hourly Price Movement Ranges (HPMR) concept, this indicator is a product of the expertise of a renowned trader, educator, and author specializing in forex and futures markets. As a member of the Simpler trading community, Raghee Horner has shared her unique perspective on trading and the markets through multiple books and courses. This indicator is a practical implementation of her invaluable teachings.

    💡––––WHAT IT DOES––––

    The Raghee's Hourly Price Movement Range (HPMR) indicator calculates the average hourly price movement ranges for each hour of the day for each day of the week and projects potential high and low price levels based on historical data. By considering the lookback days (set to 90 by default), the indicator calculates the mean range and standard deviation of the high-to-low price range for each hour of the day, then projects these ranges onto the current hour's price action, offering potential areas of support and resistance. 

    🔧––––HOW TO USE IT––––

    To leverage the power of this indicator, simply add it to your TradingView chart. The indicator will plot the projected high and low levels for the current day, based on the historical average price movement ranges for each day of the week. Additionally, it will display the projected extreme high and low levels, providing further context for potential price action.

    👉Projected High Cloud (Green Cloud): This line signifies the projected high price zone based on the historical average price movement range for the current hour of the day.

    👉Projected High Average (Green Stepline): This line denotes the projected high price level based on the historical mean range for the current hour of the day.

    👉Projected Low Average (Gray Stepline): This line denotes the projected low price level based on the historical mean range for the current hour of the day.

    👉Range Low (Red Cloud): This line signifies the projected extreme low price level for the current day, based on the maximum historical high-to-low range.

    ⭐️THE SCRIPT WORKS ON STANDARD ALL TIMEFRAMES⭐️

    IT IS AUTOMATIC AND CAN BE USED ON MANY ASSETS UNLIKE THE ORIGINAL FROM RAGHEE

  • ACCESS INFO

    For Tradingview:

    After you have purchased the indicator have to send us your TradingView username in order to get access.

     

    ThinkorSwim (available, but separate):

    Please send us an email and if you would like a ThinkorSwim version of this script. ThinkorSwim version is sold separetly from the TradingView version of the script and takes 5 days of delivery.

  • DELIVERY

    After payment is made, access to the script will be given within 2 hours

  • PROMO VIDEO

    If you are looking for Promo videos, where you can compare the original indicators to what we have creted there are plenty of public information in Youtube. If you have trouble finding them shoot us a message.

  • DISCLAIMER

    This website and its contents are not affiliated, associated, authorized, endorsed by, or in any way officially connected with any original creators of the indicators, tools, or services mentioned herein, including but not limited to Simpler Trading or any of its traders. The official websites and sources of the original creators can be found at their respective websites.

    The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder or their brand. The names of companies and products mentioned hare for educational purposes only.

    The information provided on this website is for general informational purposes only. All information on the site is provided in good faith, however, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information on the site.

    While our products may be inspired by the market tools and practices used by entities such as Simpler Trading, we emphasize that they are independently developed and do not constitute copies of any existing tools.

$600.00 Regular Price
$225.00Sale Price
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