The blue arrows show the NR7 candlesticks and the thin blue lines mark the high-low of the range. A next day move above the high is bullish, while a next day move below the low is bearish.

Feb 28, 2025 · The NR7 is based on the high-low price range that is the smallest of the prior six days (seven days total). When an NR7 occurs, it means that today's price is the narrowest of …

Apr 19, 2025 · The NR7 trading strategy is named after the Narrow Range 7 (NR7) bar, which occurs when the price range of a particular bar or candlestick is the smallest of the previous …

Jun 17, 2024 · The NR7 is a volatility strategy but enters on a day with a narrow trading range (low volatility). In this article, we backtest the Narrow Range NR7 trading strategy.

NR7 means that the last candlestick has the narrowest price range of the last 7 candlesticks. The NR7 pattern shows when a stock’s price shows a short-term pattern of decreasing volatility.

Dec 27, 2023 · The NR7 strategy focuses on identifying the narrowest trading range over a seven-day period. This strategy considers the absolute day’s range – the difference between …

Apr 5, 2023 · The NR7 trading strategy allows you to profit from market volatility by identifying the narrow range bar (NR7) that precedes a significant price movement. This is similar to finding …

May 16, 2025 · NR7 is the day when the price range was the narrowest in the last seven days. Similarly, NR4 is the day when the price range was the narrowest in the last four days.

Apr 28, 2023 · To identify narrow range bars on a chart, you have to compare the range of the current bar with the ranges of the preceding bars. The NR7 strategy focuses on the narrowest …

Apr 12, 2025 · It identifies a day (or bar) with the narrowest trading range of the past seven days.Traders often watch for NR7 patterns as they can indicate a period of consolidation …