📄️ Getting Started
PowerRanger is a 14-in-1 super core toolbox containing all the essential indicator tools traders need in their daily analytic routines
📄️ Pangolin Channel
Pangolin is an advanced real-time trend channel indicator designed based on the Standard Deviation algorithm. Firstly, Pangolin calculates the parameters data set of different historical distances from candles to compute the mean and standard deviation in the trend. Then, based on the calculated mean line and the standard deviation multiplied by a multiplier value (default parameter in PowerRanger is 2, which means 2 standard deviations), it expands the upper and lower sides, providing traders with a trend channel calculated based on standard deviation offsets.
📄️ Magnet Blocks®
Magnet Blocks® are the core tool of PowerRanger, by MethodAlgo's T.A.T.A's advance filtering algorithm. This algorithm considers factors such as candle patterns, time, speed, and candle ratios and volumes. It analyzes real-time price data to detect and filter the interaction of candle patterns and trading volume. When specific conditions are met, an extended horizontal area is displayed on a candle, called a magnet block.
📄️ Previous Levels
The Time-Based Support & Resistance indicator allows traders to mark custom weekly, monthly, or daily high-low ranges on the chart as time-attributed support and resistance zones.
📄️ Smart-Cloud & Trendline
SmartCloud is an essential tool within the MethodAlgo dynamic support and resistance toolset. Utilizing professional institutional parameters, it constructs a system combining price and volume moving averages, providing traders with a powerful, practical, and innovative method of analysis. SmartCloud and its trendlines not only offer crucial horizontal information but also have significant trend analysis value due to their patterns. The analyzed signals exhibit high stability and reliability, making them suitable for all market and timeframes.
📄️ Swing & Fibonacci
PowerRanger combines swing highs and lows with Fibonacci to help users quickly identify the volatility of the current asset and accurately determine entry and stop-loss areas. Swing highs and lows are calculated in real-time based on price swings, while Fibonacci levels are automatically adjusted according to swing highs and lows. Using the Swing Fibonacci feature, traders can obtain institutional-grade support and resistance levels. The combination of both enriches the depth of horizontal resistance and support visualization in PowerRanger. Whether in long-term, medium-term, or ultra-short-term trading, the application of swings and Fibonacci provides very valuable confidence levels, allowing traders to easily develop dozens of trading strategies.
📄️ Stop Hunt
The StopHunt tool is a reverse trading tool designed to identify potential stop-loss hunting phenomena in the market. Based on the market's inherent tendency to target high-leverage positions, this tool helps traders identify potential concentrated stop-loss areas to avoid getting stopped out and to profit from this market behavior.
📄️ Volume Profile
MethodAlgo's Volume Profile is consistent with the indicators used by institutions, but it has been optimized visually to be more compact and refined. We’ve reduced visual clutter and enhanced a traditional weakness of the Volume Profile— the buy/sell Delta data.