: Represents price units or specific ranges. The Horizontal Axis : Represents time units or bar counts.
Once you calculate the price range in points or pips, convert that exact number into time units. square the range trading system pdf
By measuring a defined, high-volume price range (e.g., the first hour of trading or a significant swing high to low), traders can predict future support, resistance, and reversal points by "squaring" that range (projecting it forward in price and time). Key Concepts : Represents price units or specific ranges
It pairs exceptionally well with traditional support/resistance, candlestick patterns, and volume profile analysis. By measuring a defined, high-volume price range (e
Rooted in the market geometry concepts popularized by legendary trader W.D. Gann, this system treats price and time as two sides of the same coin. By "squaring" a market's trading range, analysts attempt to predict critical future turning points and price targets with remarkable accuracy.
For a long trade, place the stop loss 2-3 ticks below the absolute low of the squaring bar.