The main chart displays the overall day's movements and standard deviation of the day's vwap.
Direction - The second chart from the bottom gives an indication of the direction of the movement.
SL/TP & Position Sizing - The bottom displays the likely range of the day's movement in percentage.
Taking all 3 charts together, one can have an indication of Direction, SL/TP and Position Sizing.
Note
Test update on chartDisclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.