Range trading: Crypto currency market as for 06/05/2019

Under that heading we publish signals of the indicator called “Ranger”. It was developed by our experts for intraday trading purposes.
This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities.
What does this information give to the trader? Actually, a lot. First of all, trading signals. For example, if during a day the price approaches the upper (lower) mark, it can be concluded that it will not go higher (lower) prescribed mark today with already known probability. So, you can open a position opposite to the current movement, knowing in advance that it will be profitable with the certain probability.

BTCUSD


Long position 1
(The price today will not fall below this mark with a probability of 68%) 5850
Long position 2
(The price today will not fall below this mark with a probability of 95%) 5732
Long position 3
(The price today will not fall below this mark with a probability of 99%) 5614

Short position 1
(The price today will not rise above this mark with a probability of 68%) 6129
Short position 2
(The price today will not rise above this mark with a probability of 95%) 6247
Short position 3
(The price today will not rise above this mark with a probability of 99%) 6365

ETHUSD


Long position 1
(The price today will not fall below this mark with a probability of 68%) 153.69
Long position 2
(The price today will not fall below this mark with a probability of 95%) 149.99
Long position 3
(The price today will not fall below this mark with a probability of 99%) 146.29

Short position 1
(The price today will not rise above this mark with a probability of 68%) 166.51
Short position 2
(The price today will not rise above this mark with a probability of 95%) 170.21
Short position 3
(The price today will not rise above this mark with a probability of 99%) 173.91

XRPUSD


Long position 1
(The price today will not fall below this mark with a probability of 68%) 0.3014
Long position 2
(The price today will not fall below this mark with a probability of 95%) 0.2942
Long position 3
(The price today will not fall below this mark with a probability of 99%) 0.2870

Short position 1
(The price today will not rise above this mark with a probability of 68%) 0.3256
Short position 2
(The price today will not rise above this mark with a probability of 95%) 0.3328
Short position 3
(The price today will not rise above this mark with a probability of 99%) 0.3400

Calculations are based on the historical data and history doesn’t necessarily repeat this particular day. Recall, that mentioned probabilities are not 100% and do not guarantee risk-free trading.