Machine Learning model that forecasts the range of the current day. Model begins by monitoring order flow at the start of the session. Once it has collected enough data it makes a forecast for the day’s range.

The session’s range represents the potential trading opportunity during the session. This model can be used to optimize whether you should scalp or position trade. The comparison between the forecasted daily range and the actual daily range can be used to detect deviations in order flow from one half of the session to the other.

This model is designed to process information in 15min intervals and thus should be applied to 15min samples (i.e. charts, numbers bars, etc).

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Updates and improved versions of this model are included with this subscription.

This version of the model integrates directly into Sierra Charts.

The attached product image displays the model in the subgraph section. The high low bands presented are an inherent study of Sierra Charts that users can add.

At sign-up you will need a valid Sierra Charts account. This model is valid across all Sierra Charts package options.