OFCD Range
The opening range represents the area between the high and low of a security’s price during the first minutes or hours (depending on your trading style and system) of daily trading activity. Many traders use this method in their technical analysis in order to determine an indication of the price direction for that day by considering that range a non-trading zone or taking a trade once a breakout of that zone is made.
Available platforms: NinjaTrader 8
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The OFCD Range has its calculations based on the Order Flow Cumulative Delta, providing many options such as:
- The possibility to modify the opening range parameters depending on you trading style
- Paint Background or Bars Paint for a better visualization of the market state
- A large variety of signal and alerts: Sound alerts, Email alert, Twitter alert, Pop-up message alert etc.
