This video is a tutorial on the WRB (Wide Range Bar) Trade Planner indicator. I cover what it does, what it does not do, how to use it, and at the end, we plan a live WRB Fade trade on DASH.
What the Indicator Does
The indicator provides a structured approach to designing clear rule-based trade plans around WRBs, with predefined entry, stop, risk, and target levels. It is designed to reinforce discipline and consistency.
• Identifies WRBs using user-defined criteria
• Displays entry, stop, and target levels derived from the WRB
• Calculates position size based on dollar risk and stop distance
• Marks triggered and canceled trades visually on the chart
What the Indicator Does Not Do
• It does not decide which WRB you should trade
• It does not distinguish between high-quality and low-quality WRB setups
Trade selection, context analysis, and management decisions remain the trader's responsibility. This tool is designed to support a disciplined process — not replace it.
Indicator Link:
Wide Range Bar (WRB) Trade Planner
Shane
What the Indicator Does
The indicator provides a structured approach to designing clear rule-based trade plans around WRBs, with predefined entry, stop, risk, and target levels. It is designed to reinforce discipline and consistency.
• Identifies WRBs using user-defined criteria
• Displays entry, stop, and target levels derived from the WRB
• Calculates position size based on dollar risk and stop distance
• Marks triggered and canceled trades visually on the chart
What the Indicator Does Not Do
• It does not decide which WRB you should trade
• It does not distinguish between high-quality and low-quality WRB setups
Trade selection, context analysis, and management decisions remain the trader's responsibility. This tool is designed to support a disciplined process — not replace it.
Indicator Link:
Wide Range Bar (WRB) Trade Planner
Shane
Заметка
DASH Update: Order canceled. Rules are it needs to be filled within 3 bars. 
Method, Management, and Mindset
Learning through consistency and discipline
Learning through consistency and discipline
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.
Method, Management, and Mindset
Learning through consistency and discipline
Learning through consistency and discipline
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.