ES Wednesday 10-26-16 : Hot Topic

Inside Day Narrow Range 4 IDnr4

Search Dictionary

Definition of 'Inside Day Narrow Range 4 IDnr4'

IDnr4 is an Inside Day (ID) with a Narrow Range 4 (NR4).

An IDnr4 is a combination of an ID and an NR4. This happens when the current day's high is lower than the previous day's high AND the current day's low is higher than the previous day's low AND the range is the narrowest when compared to the previous 3 trading days.

This is a Toby Crabel price pattern.

Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.

Is this definition wrong? Let us know by posting to the forum and we will correct it.