Price Conditions Category Definitions
  • 31 May 2023
  • 3 Minutes to read
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Price Conditions Category Definitions

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Article Summary

Price Condition Categories Definitions

Intraday Midline Price Movements 

Measures the Probability of Intraday Price movements occurring in relation to whether price opened above or below the Midline

Lower  Midpoint Moves

Measures probabilities of various price conditions moving to and from the Lower Midpoint which is equidistant from the Midline and the Lower Expected Move

Lower Expected Move touches from Midline Crosses

Measures probabilities of various price conditions that cross the Midline intraday or on close and touch the Lower Expected Move sometime during the same week

Lower Midpoint touches from Midline Crosses

Measures probabilities of various price conditions that cross the Midline intraday or on close and touch the Lower Midpoint (which is equidistant from the Midline and the Lower Expected Move sometime during the same week

Multi Week Lower Expected Move Breach

Measures the Probability of price crossing the initial week Lower Expected Move on close over various multi week scenarios 

Multi Week Midline Breach

Measures the Probability of price crossing the initial week Midline on close over various multi week scenarios 

Multi Week Upper Expected Move Breach

Measures the Probability of price crossing the initial week Upper Expected Move on close over various multi week scenarios 

No Midline Cross Back - Week

Measures the Probability of various price conditions that cross the Midline and whether they cross back during the week

No Midline Cross Back by Friday Close

Measures the Probability of price conditions crossing back over the Midline at different times and in different ways by Friday close

No Midline Crossing - Multiple Days

Measures the Probability of Friday closing on the same side of the Midline as the Price Conditions that close on the same side of the Midline over multiple days

No Midline Crossing - Single Days

Measures the Probability of price closing on the same side of the Midline as it opened on a specific day

No Midline Crossing - Week

Measures the Probability of price close crossing the Midline on any day of the week under various price condition scenarios

No Overnight Gaps across Midline

Measures the Probability of an overnight price gap occurring that crosses the Midline on open or crosses back intraday

Price Crossing Midline on any Day

Measures the Probability of Price closing on the other side of Midline after it crosses intraday for different days of the week

Price Opens above Expected Move

Measures the probabilities of various price conditions during the week once the price opens above the Upper Expected Move

Price Opens Below Expected Move

Measures the probabilities of various price conditions during the week once the price opens below the Lower Expected Move

Price Touches the midline on any Day

Measures the probability of price touching the Midline at different times of the week and after different conditions occur such as a midline cross

Reversals off of Lower Expected Move

Measures the probabilities of various price condition moves over multi week period when the breach the  Lower Expected Move on close

Reversals off of Upper Expected Move

Measures the probabilities of various price condition moves over multi week period when the breach the  Upper Expected Move on close

SD Error Channel Price Action

Measures the probabilities of price conditions from an overbought/oversold perspective mapped to a specific price zone

Single Week Lower Expected Move Breach

Measures the Probability of price crossing the initial week Lower Expected Move on close over various time periods within the same week

Single Week Upper Expected Move Breach

Measures the Probability of price crossing the initial week Upper Expected Move on close over various time periods within the same week

Technical Price Action

Measures the probabilities of price conditions from a technical perspective mapped to a specific Price Zone

Upper Expected Move Touches from Midline Crosses

Measures probabilities of various price conditions that cross the Midline intraday or on close and touch the Upper Expected Move sometime during the same week

Upper Midpoint Moves

Measures probabilities of various price conditions moving to and from the Upper Midpoint which is equidistant from the Midline and the Upper Expected Move

Upper Midpoint Touches from Midline Crosses

Measures probabilities of various price conditions that cross the Midline intraday or on close and touch the Upper Midpoint (which is equidistant from the Midline and the Upper Expected Move sometime during the same week

Lower Midpoint Touches from Midline Crosses

Measures probabilities of various price conditions that cross the Midline intraday or on close and touch the Lower Midpoint (which is equidistant from the Midline and the Lower Expected Move sometime during the same week


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