DPMR
DPMRs are used by Raghee to show automated support and resistance bands based on historical daily price ranges.
DPMRs are created from a proprietary algorithm, calculated from curated historical price data over a 6-month period and then aggregated by each week day. The range projects highs and lows with a 68% probability of the underlying symbol remaining within that range.
DPMRs should not be analyzed retroactively. DPMR levels are locked in place at the end of each day and reflect the most recent high/low for that date.
DPMR support and resistance levels dynamically update each day based on any new highs or lows that are plotted for that currency day.
White cloud = support
Gold cloud = Resistance
Currently Supported Symbols (Updated April 21, 2024):
Futures DPMR Premium Pack:
/6A, /M6A, /6B, /M6B, /6C, /M6C, /6E, /M6E, /6J, /M6J, /BTC, /MBT, /CL, /MCL, /ES, /MES, /GC, /MGC, /HG, /NG, /QG, /NQ, /MNQ, /RTY, /M2K, /SI, /VX, /YM, /MYM, /ZB, /ZC, /XC, /ZF, /ZN, /ZS, /XK, /ZT
ETFs DPMR Premium Pack:
BITO, DIA, FXE, GDX, GLD, HYG, IEF, IWM, IYT, KRE, NDX, OIH, QQQ, RUT, SLV, SMH, SPX, SPY, TLT, UNG, URA, USO, UUP, VXX, XHB, XLB, XLC, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY, XOP
Stocks DPMR Premium Pack:
AAPL, ADM, AMD, AMZN, AXP, BA, BAC, C, CAT, CCJ, CLF, CLSK, COIN, COST, CRM, CSCO, CVS, CVX, DHI, DIS, DVN, FCX, GE, GOLD, GOOGL, HAL, HD, IBM, INTC, JNJ, JPM, KO, LOW, MCD, META, MRK, MSFT, NEM, NFLX, NKE, NVDA, OXY, PFE, PG, PYPL, QCOM, RTX, SBUX, SCHW, SHOP, SLB, TGT, TSLA, TSM, UBER, V, WFC, WMT, XOM, ZION
DPMR indicator files need to be updated whenever there is an updated version generated.
When you import the new file for TOS, just overwrite the DPMR file when TOS asks.
***Be sure to DELETE the previous .ts file(s) from your PC before downloading.***
For TradingView, it is simple to remove them from your chart and re-add them to get the latest update.
About - HPMR (Hourly Price Movement Range)
Raghee indicators, trade flags, setups, etc.
About - Darvas Signals