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
Not
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
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Method, Management, and Mindset
Learning through consistency and discipline
Learning through consistency and discipline
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.