fxcodebase-backup
Tirone’s levels
Source: https://fxcodebase.com/code/viewtopic.php?f=48&t=65594
Forum: 48 · Topic 65594 · 1 post(s)
Tirone’s levels
Alexander.Gettinger · Sat Jan 06, 2018 6:25 pm
This method of technical analysis developed by John Tirone in his book “Classical Technical Analysis as a Powerful Trading Methodology”.
Formulas: Tirone Level 1 = Hhigh - (Hhigh-Llow)/3 Tirone Level 2 = Llow + (Hhigh-Llow)/2 Tirone Level 3 = Llow + (Hhigh-Llow)/3, where Hhigh and Llow is a maximum and minimum prices in the range from i-Period to i.
Download: