{"product_id":"v2020devhotz","title":"V. 20:12 (20-33): Developing Hot Zones by Massimiliano Scorpio","description":"Developing Hot Zones by Massimiliano Scorpio\u003cbr\u003e\u003cbr\u003eCan you forecast a bars close from its open? This\ntechnique is helpful in trading recently introduced\ntradables that dont have historical charts yet, such\nas single-stock futures.\u003cbr\u003e\u003cbr\u003eIn the December 2001 STOCKS \u0026amp;\nCOMMODITIES, I demonstrated a simple\nmethod that uses a statistical indicator\nto help identify profitable patterns.\nHere, I have taken the method one step further: Ive analyzed the\nbehavior of each bar and the\nrelationship between the open\nand close. If the market is\nshowing a specific pattern, is\nthere any way to forecast the\nclose from the opens position\nin the bar? I used the key reversal\nup day (see Figure 1) for the\npattern to see whether such a\nforecast was possible.","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52134069731697,"sku":"\\V20\\C12\\157ZONE.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_57ed2859-1565-4aec-8d4c-9552888c478b.jpg?v=1739664725","url":"https:\/\/shop.traders.com\/products\/v2020devhotz","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}