Dyna Range For ThinkorSwim from Simplertrading

As the name suggests, this dynamic tool adapts automatically to market conditions. What that means is that this indicator works in trending and choppy conditions. While Dyna Range can be used for entering positions, this indicator is designed specifically to offer objective exit targets based on current market action. When used with the Ready. Aim. Fire indicator, the goal is to identify when to stay in a trade for maximum available profit, and when to take partial profits.

Want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

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