The Twin Range Filter is a powerful trading indicator designed to help traders identify key market trends and turning points with precision. It uses a dual-range smoothing technique to filter out market noise and highlight clear price movements.
- Trend Identification: The indicator detects when price moves strongly in one direction and provides visual signals for potential long (buy) or short (sell) opportunities.
- Noise Reduction: By filtering out minor fluctuations, it focuses only on significant price movements, making trends easier to follow.
- Dynamic Signal Generation: It generates arrows on the chart to indicate potential entry points for both bullish and bearish setups.
- Market Reversals: Helps identify when the market is transitioning from one trend to another, improving decision-making.
The Golden Setup by Tony Rago is a trading strategy for the Nasdaq 100 futures (NQ) that divides price into 100-handle zones. Within each zone, critical levels like the 26, 50, and 77 are identified as high-probability areas for entries and exits.
The strategy leverages price retracements and momentum to achieve consistent results, focusing on:
- The 26 Spot: A key buy level with a high probability of price bouncing to higher targets like the 33 or 50 level.
- The 77 Spot: A midpoint level for quick trades targeting the 88 or 50 level.
This setup is simple, repeatable, and occurs daily, offering a structured way to trade with well-defined entry and exit points. The strategy emphasizes discipline, precision, and a step-by-step approach to trading success
More about this strategy can be found on YT https://youtu.be/ZmQTFqppZlA