How Do We Use It?
DynaRange is best used in combination with Ready. Aim. Fire! The combination of these two indicators provides us with both a price target and an underlying measure of momentum via the RAF indicator.
We want to buy when the DynaRange indicator is at a projected level of support and when Ready Aim Fire is oversold or registering a buy signal at a DynaRange support level.
We want to sell when the DynaRange indicator is at a projected level of resistance and when Ready Aim Fire is overbought or registering a sell signal at a DynaRange resistance level.
Combining these indicators shows traders momentum turning points and profit targets in a market before it becomes apparent to everybody else.