To my new friends,

I thought I would share how I use the CurrentDayOHLV43 from @Fat Tails. As the two charts below show, I am focused on the "Average Daily Noise", or volatility, element of the study. I'm focused on RTH only. Specifically, I manually mark the 100% and 200% Fib Extensions of the ADN range. You will notice the blue horizontal lines. As a momentum trader, it is quite impressive for setting targets.

Hope it helps.

macguy 

To my new friends, I thought I would share how I use the CurrentDayOHLV43 from @Fat Tails. As the two charts below show, I am focused on the "Average Daily Noise", or volatility, element of the study. I'm focused on RTH only. Specifically, I manually mark the 100% and 200% Fib Extensions of the ADN range. You will notice the blue horizontal lines. As a momentum trader, it is quite impressive for setting targets. Hope it helps.

Hi Macguy, where is the explaining on how to use that indicator ??? am I missing anything here ???

Thanks in advance
B

Billsingh, I use the study to show me 3 day rolling pivot levels which I find to be great for setting price targets. I don't use any pivot as a method to enter a trade, only for setting exit points for a momentum trade I'm in.