Mas7er Defining Range Concept

Defining Range (DR) Concept Trade Environment

▪ ODR (Overnight Defining Range) in LKZ is 03:00 - 04:00hrs
▪ RDR (Regular Defining Range) in NYKZ is 09:30 -1030hrs
▪ ADR (After Session Defining Range) in NY pm session 1930-2030hrs

Trade Environment
• If price in the 5m TF closes above the DRH after 10:30 or 0400 or 2030hrs (RDR, ODR, ADR)
then the DRL will be 80% probability the Low of the trading session.
• If price in the 5m TF closes below the DRL after 10:30 or 0400 or 2030hrs (RDR, DR, ADR)
then the DRH will be 80% probability the High of the trading session.
• If price close above the IDRH after 10:30 or 04:00 or 2030hrs (RDR, ODR, ADR) it is an early
indication that the low of the DR will be the Low of the day and vice versa.

Rules Of Execution
 After the DR and IDR is formed;
1. If the price closes 10+ pips above/below DR, enter at breaker or IDR with SL at H/L around
50% of DR
2. If the price close 1-10 pips above/below DR, enter at 50% of the IDR range or appropriate PD
array around there with the stops at the opposite DRH/L
3. If the price fails to close below/ above IDR, wait 3-5candles. If price still hasn't closed below
IDR, enter a trade with appropriate PD array below 50% of DR with TP at the opposite DRH/L
{ for indices i use 100points }