Simpler DYNA (Dynamic Navigational Analysis Range)
Introducing the Simpler DynaRange Indicator: Your Ultimate Tool for Accurate Swing Targets and Price Reversals!
Are you looking for a reliable trading indicator that can predict the extent of price moves and help you identify potential turning points in the market? Look no further!
The Simpler Dyna Indicator, inspired by the original DynaRange Indicator from Simpler Trading, is here to revolutionize your trading strategy. Developed by John Carter and David Starr, this powerful tool combines Triple Exponential Moving Average (TEMA) and Stochastic Oscillator calculations to offer unparalleled insights into market dynamics.
––––A Brief History & Credits 🏦
The Simpler Dyna Indicator is a sophisticated technical tool based on the concept of calculating potential turning points and the length of price moves in the market using current timeframes and trading data. It is particularly useful when combined with other Simpler Trading tools such as the Ready Aim Fire tool.
By identifying support and resistance levels, the indicator predicts potential turning points. It utilizes Triple Exponential Moving Average (TEMA) and Stochastic Oscillator calculations to determine peaks, valleys, and cross points, which are used to assess the likelihood of price reversals.
––––What It Does 💡
The Simpler Dyna Indicator goes beyond traditional indicators by predicting how far a move might travel, identifying support or resistance levels where a move might end. It is based on the observation that certain patterns signal a move is proportionally complete. Unlike other indicators that show the direction of a trend or momentum changes, DynaRange focuses on predicting the extent of price moves.
––––How to Use It 🔧
To harness the full potential of the Simpler Dyna Indicator, follow these steps:
- Look for green and red dotted lines on the chart, representing areas of support and resistance, respectively. They are spaced according to recent price swings and appear every few bars to allow traders to play the swing in the opposite direction.
- Note that there are five rows of dotted lines, each representing a different percentage chance that the price will reach that level before bouncing. The farther down, the less likely the price will bounce from that level as it will pass through several lines on the way down.
- When you see five red dotted lines, these are areas where the price will likely begin to roll over after a short period of stalling for a full momentum shift as it passes through each row. You can then take advantage of this price direction change with a target set for the next green dotted line, which indicates a potential reversal.
- Green dotted lines signify areas where the price has traded long enough to develop strength and will tend to gain momentum towards the next area of strength.
- Use the DynaRange Indicator in conjunction with other trading tools to refine your entry and exit points, and to identify potential target areas for reversals.
The Simpler Dyna Indicator is designed to provide projected swing targets based on the calculation of price momentum. Use it to help you exit trades before the market becomes aware that momentum has slowed and the trend reverses. Elevate your trading game with the Simpler DynaRange Indicator today!
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.
Link to TradingView script
After payment is made, access to the script will be given within 2 hours
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.