Lazy Open Trading

In the LazyTMA thread I and other members have posted some ideas related to daily open trading.

I think that for lazy traders is important to have statistical data for the intervals of trading grids.

Sure, the Gann ATR-fractions are a good tool and I just want to analyze the idea with the distances from Open to the Highs/Lows.

Here is an indicator "smLazyOpen BarRanges_v1.0"
with which these figures are calculated separately for rising and falling trends.
In further indicators, I will use the DoubleHull indicator, so that a possible analysis for the match of the fast and slow Hull average can be made.

Attached Image (click to enlarge)
I have read the ideas of Vegas Tunnel System.
On pages 8 and 9 you will find very good approaches, which I also used. Just as a warning: the calculation with the median and deviations I will program similar in the next time, and I'm curious if anything brings.
Attached Images (click to enlarge)
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However, as far as the Vegas indicators are concerned, they are far from practical use, so I'm not surprised that nobody could succeed with the system.

Attached File


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Author: Forex Wiki Team
We are a team of highly experienced Forex Traders [2000-2023] who are dedicated to living life on our own terms. Our primary objective is to attain financial independence and freedom, and we have pursued self-education and gained extensive experience in the Forex market as our means to achieve a self-sustainable lifestyle.