Optics pro V2

Overview of the functionality:

Optics Pro is a tool that forecasts important reference zones based on mathematical calculation of market ranges. Average true range and daily market range movement are some of the parameters which go into the calculation of optics.

Everyday, the markets do not move in the same way. Some days are trending days and some days are range bound days. Optics help identify the important zones beyond which there is a higher probability of a trend.

Optics also helps identify zones from where there is a higher probability of trend moves to get exhausted or fatigued.

Uses:
1. Optics can be used on multiple timeframes with references plotted across daily, weekly and monthly ranges.
2. Default settings of the tool work well.
3. LB1 and UB1 are market liquidity seeking zones.
4. Beyond LB1 and UB1, markets can get into a trend move.
5. LB2 and UB2 are first trend move objectives.
6. LER and SER are long and short exhaustion zones.
7. MR stands for mean reversion.
8. HS and HL are only useful for 1 min timeframe users.

Disclaimer: Optics V2 is a tool with the purpose of decoding and understanding market movement but does not generate any buy/sell/hold signals. It is not shared for enhancing the learning of an individual about markets but NOT with an aim to induce or encourage trading/investing. Trading/Investing are risky endeavours with risk of partial or complete erosion of capital. Please consult a registered financial advisor before venturing into trading/investing