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Projected defined ranges, or PDRs for short, are one of the single most powerful tools I have at my disposal.
Learn the exclusive PDR trading concept by WYLD | Will to gain bias and improve trading success using projected defined ranges.
Key Takeaways
- PDRs provide a structured way to anticipate price movement between key levels.
- Correctly marking high time frame levels is essential for PDR effectiveness.
- PDR levels act as stair steps where holding a level suggests upward movement, losing it suggests downward movement.
- The halfway PDR level is a pivotal point for determining price direction.
- PDRs can be used across different market structures like order blocks and gaps to improve trade entries and exits.
Summary
- Projected Defined Ranges (PDRs) are a unique and powerful trading tool developed by WYLD | Will.
- PDRs help traders gain directional bias by analyzing price movement between two high time frame levels.
- The concept relies on correctly marking high time frame levels as a foundation.
- Using Fibonacci tools between two levels creates intermediate PDR levels that act like stair steps for price action.
- Holding or losing these PDR levels indicates likely price movement to the next level up or down.
- The halfway point in a PDR is a critical level that often signals continuation or reversal of price.
- PDRs can be applied to various scenarios including order blocks, gaps, and spaces between levels.
- Lower time frame traders can capitalize on large moves by identifying PDR expansions from higher time frames.
- The video is part of a broader trading boot camp series, and viewers are encouraged to join a free Discord community for support.
- Understanding PDR theory is essential before applying it practically for trading success.
Chapters
- 00:00Introduction to Projected Defined Ranges (PDRs)
- 01:17Joining the Free Discord Community
- 02:44Basic Concept of PDRs Between Two Levels
- 04:15Scenarios of Holding or Losing PDR Levels
- 05:47Importance of the Halfway PDR Level
- 07:27Using PDRs on Lower Time Frames for Large Moves
- 09:27Understanding PDR Stair Step Structure
- 09:54Theoretical Navigation Through PDRs
- 14:54Real World Use Cases: Order Blocks and Gaps
- 21:28Applying PDRs to High Time Frame Gaps and Volume Imbalances
Full Transcript — Download SRT & Markdown
Speaker A
It's also something you won't see anywhere else on the internet because it's mine. This is a concept I came up with, and as far as I know, I'm the only one using it. Honestly, this is a pretty hard video for me to make because part
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of me wants to just keep this a secret. However, I've been fortunate enough to enjoy huge success from trading. And truth be told, most of you won't even utilize this stuff correctly enough to decay the edge. But for those of you
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that do end up learning this exceptionally well, I hope that this concept can help you achieve at least some of the success that I've achieved in trading. Now, this video is part of a trading boot camp series on my channel.
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And although you could watch this as a standalone video, you might be pretty confused if you don't know how I mark levels and my process for utilizing those levels. So, if you want to get caught up to speed, go to my channel,
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click on the playlist tab, click into the boot camp, and start from there. One more final thing before we get into this video. I have a completely free Discord community where I answer questions from you guys every single day, share my
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levels pre-market every single day, and also give a very detailed breakdown of my high time frame ideas every single week before the market opens. Like I said, this is 100% free and there's literally no reason to not join. It's
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literally just free game. So join the Discord, ask questions in the channels, and let's get right into projected defined ranges or PDRs. So at the root of it all, projected defined ranges are a way to gain a bias from one
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level to the next level. So at this point, you should know how I mark high time frame levels, and you should have watched the videos on how I mark high time frame levels. The high time frame levels you mark are exceptionally
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important. If they're not marked right, projected defined ranges will not work. So, you need to mark them right. So, what we're going to do is we're going to go over a theory section in this video right now explaining how projected
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defined ranges work, the different scenarios with them because they are pretty complex when you're first starting. They get really easy as you go along and as you get used to them, but they're relatively complex when you're first starting. And then we're going to
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get into specific use cases of PDRs. How do you use them on order blocks? How do you use them inside of gaps? How do you use them within spaces? And how do you use them between just any old level? So
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oftentimes you have price action that looks a little bit like this where you have one high time frame level at the bottom and one high time frame level at the top. Okay? And in between there might be a lot of space where there's no
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high time frame levels. And this is where PDRs shine. This is where PDRs get their name. Okay? So when I say projected defined range, it's pretty simple. It's as simple as if you hold one high time frame level or if you hold
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one level in general, the projected expansion or the range that you're going to create off that is usually to the next level. So, if there's only two levels on your chart, you'll likely go from point A to point B. However,
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there's a lot of ways that this traversal from point A to point B could happen. And there's a lot of ways that it could fail where you might run up into here and fall and completely lose this level. So the very first thing you
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need with projected defined ranges again is you need two levels. Okay, here you have point A, here you have point B. These are just two high time frame levels.
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Later in this video we'll get into specific use cases with order blocks and gaps, etc. But for now just two levels with a space in between them where there are no levels occurring. And then you're going to want to take your fib tool,
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okay, and mark it from the lowest level to the highest level. So from point A to point B. That's going to give you three levels in between point A and point B.
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And I want you to start thinking about these as a stair step. So right away, if you hold the first level, you are very likely to at least trade up into the first PDR level. So now one of two
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occurrences could happen. One of two situations could happen. Either you hold off this level, the first level in the PDR. Price can't get above it. In this scenario, you're likely to break point A. You're likely to break down through
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the level at point A and go run for the low that got created from holding point A. Scenario number two is you get over top of the first level in the PDR and you hold. Now you have set in motion
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a range from here to here. You almost have an internal, a very miniature PDR, and yes, you had the same thing from here as well. You have a miniature A to B from the first level to the next level
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and from the next level to this level. What you'll notice is in between every single level possible there is a projected defined range. There is a PDR.
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Okay, but let's not get this too complex. We're not going to go into sublevel PDRs just yet. All righty. So, if the first level in the PDR is holding, you are very likely to run up into the halfway point of the PDR right
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here. And now, the halfway point is fairly special. The reason for it being special is because off of holding point A, the real likelihood is actually to get into the halfway point. This first level is just a level that could stop it
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potentially. So, it's a level that you want to be watching in terms of PDRs, but it's not really the likelihood of where price is going to go. If you're holding the first level, you're very likely to at least get to the halfway
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point. And similarly, if you get above the halfway level in a PDR and you hold above it, the likelihood is actually from the bottom. So, from let's call this halfway level point C. Okay? The likelihood is from point C all the way
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up to point B. All the way up here. That's the likelihood of the move that you're going to get. And this is projected defined ranges. Imagine if you're on a lower time frame. Okay?
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Imagine this is a PDR from a weekly. Okay? And this is a, I don't know, thousand point range from the halfway level to point B. If that's the case, and you could look and see that on a lower time frame, you're holding the
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halfway point right here, and you could capitalize on this whole move knowing that this expansion right here is highly likely, you could capture a huge move on a low time frame with a very large risk-to-reward. And this is the premise
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of projected defined ranges and why it's so useful. But there's also another situation here where let's say price just pushes and it holds off that next PDR level up here. Okay, it holds off the 25% level up here after holding
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above the halfway. In this situation, price is very likely to go run the lows that were created on the halfway point of the PDR. At this point, if price regains the halfway level, it's likely to go back up to point A. If price
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pushes and rejects off the halfway level, it's very likely to go run the lows at the first level inside of the PDR range. If it gets back above this, it's very likely to go and retest the 50% level. So, as you can see, it's
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basically just a stair step, right? If you lose one PDR level, you're likely to go down to the next one. If you hold above one PDR level, you're likely to go to the next one. And this is kind of how
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we start to understand PDRs. In every single range, be it from point A all the way to point B. Sometimes that could be your whole one big projected defined range. From point A just up to the first PDR level, that could be your range of
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expansion that you play off of. From the first PDR level up to the halfway point,
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that gives you a range where expansion is very likely. If you hold the halfway point back down to sweeping these lows, it's a range where expansion is very likely and you could have an internal bias that
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play out just by looking and utilizing and understanding projected defined ranges. Now, as I mentioned before, you could have PDRs within PDRs. So, let's look at price where it stands right here. Well, is there a gap between levels? There is. There's a gap between
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this halfway level and the next PDR level. So, we could take another fib and go deeper and go something like this where now we have a PDR within a PDR.
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Now, this isn't something that I typically like doing. Generally, I'm only going to go one layer deep with projected defined ranges, but this is something that you can do.
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And the same rules apply, right? You push up, you hold off this first one, you're likely to go retest the f bottom level. Now, you have an interior point A. You have an interior point B and you have all these three levels in between.
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You get above the first level, you're likely to go up to the first one. You hold, you're likely to sweep the lows.
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You get back above, you're likely to come up here. You hold the halfway point right here. Now you have a projected defined range up and completing point B.
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So you could have internal PDRs for your high time frame PDRs. Imagine the range between this and this is a huge range on a higher time frame. That's okay. You could just use internal PDRs on a lower time frame to work your way from uh that
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higher time frame point A to that higher time frame point B. Now, this also works in reverse. So, once you get to point B, if you hold off of it, this now flips.
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Now, your top level is your point A and your bottom level is your point B. And now that that's flipped because now you're rejecting off the top level. Now your PDR is set in motion where as long as you hold underneath this level, this
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high time frame level, you're likely to go to the next high time frame level on the bottom. So let's get rid of this internal PDR. Now it's likely to do the following. If price falls down and it holds the PDR level right here, this is
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the exact same as holding above point A. This is a concept you need to understand. Just it's the exact same as if you hold the PDR level above the halfway point. It's the exact same as holding above point A up here. So expect
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price to regain point A and rock it. If price fails this, rejects, comes down to the halfway level and holds right here, it is the exact same as holding above this level. And if you're holding above this level, you're likely going to run
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back above point A. Okay? So really, if you hold the halfway point right here, you have an easy projected fine range from the halfway point of the overall PDR back up into level A up here. This is why when you see this sort of
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rejection off of the first PDR level, it's important that you're only playing this move down to the halfway point of the PDR. You're not trying to extend this lower into the actual low level down here. The time that you could do
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that is if it gets weak in this range, gets underneath the halfway point of the PDR and can't get back above it. In this scenario, that is when the likelihood is from this internal point A, which we're going to call IIA, to the overall point
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B, okay, where you could expand all the way down again with the understanding that this lower PDR level could stop you. All right. If price action holds this lower PDR level, it's likely to get above the halfway point again. If it
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gets above the halfway point again, it's likely it's the same thing as holding above here. So, the only thing that can stop it is this level. If this level does stop it, you're likely to go run the lows that were created at the
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halfway point. And then at this point, there's a moment of decision. If price holds against this PDR level, likely to run all the way down to point B. Why?
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because this PDR level already held. So if this halfway point holds right now, it's likely to run all the way to point B. If you get above the halfway point and hold, it's likely to run all the way
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to point A and above. Why? Because the 25% level already held. And uh holding the halfway point is the same thing as holding above the 25% level in the PDR.
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So if you're holding above the 25% level in the PDR, you're likely to go all the way to point A. Now, this is the theory section done. We're going to go on to practical examples. Watch this 10 times
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over. You need to understand this. You need to understand this. I'm telling you, this could be the key to you having accuracy in the markets uh like you've never seen before. Please understand this. Please make sure you understand
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this. Please make sure you understand this. I'm repeating that over and over again because you need to understand this concept of how you navigate through projected defined ranges.
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Please understand this concept. I understand that it's complex and I promise you this is the single most complex part of my entire trading, but again, it's it's probably the most powerful part of my entire trading as well if you understand it well. So,
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we're going to get on to the actual examples with order blocks and fair value gaps and spaces and levels right now. But you need to make sure that you understand this theoretical part. You have to. If you don't, stop the video
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right now. Don't go ahead. You're wasting your time. You have to understand how you navigate through PDRs like this theoretically.
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All righty. Let's start with how to utilize projected defined ranges on order blocks. Okay, we're going to start with order blocks, then we're going to go to gaps, then we're going to go to spaces, and then just normal levels as
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well. So, projected defined ranges with order blocks work best if the order block is not gained yet. So if we look at this chart right here, this down candle, if price trades above the high here, if try if price trades above the
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high, this order block will be gained. And in the future, when price comes back down to it, it'll be used to hold price up in a bullish way. So this candle has not yet been gained. So we know that
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19,201 flat, this price, the high of this order block is where this order block gets gained. Now, if you remember back to the order block video in the boot camp, you'll know that if you hold above the halfway point of the order block on a
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lower time frame, then that is what sets in motion a potential projected defined range to reach all the way up into the gaining. And this is the mean threshold of that higher time frame order block on a lower time frame. Right? We were just
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looking at the yearly chart. Now, we're looking at the daily chart. price held the bottom of it. And if the lower time frame price is holding the the mean threshold of an order block before it's gained, this sets in motion a projected
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defined range all the way up to the gaining of the order block. Not the open, the gaining of the order block. So what do we have here? Put simply, we have a defined range of price where we're expecting price to go to off of a
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connected level on a higher time frame level. So we have a point A. Okay, this lower levels are point A and we have a point B. Okay, this higher levels are point B right here because again if we hold the mean
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threshold of that order block before it's gained, we're very likely to go and trade above the high of the go order block gaining it. But now now we have a huge range of price between these two levels. And this is where projected fine
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ranges get really powerful. When you were using them on high time frames like this, you generally have a huge range of price. So we draw our fib from where this 107 up into this 2011. And here we go. We have our projected range. So
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remember the overall idea right now is that this point A is likely going to reach into point B. That should be your default expectation when dealing with order blocks and when dealing with projected fund ranges. The very outer
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point A is very likely to run to point B. What could stop it? Well, right off the rip here, if price rejects off this first PDR level, yeah, that could stop it. It could push price all the way down
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in breaking the low of point A, it could push price to be rangebound. Basically, it's going to stop a very aggressive trend if this first level holds. So, but we know that off of holding point A like it just did, it's very, very likely to
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at least reach to at least reach this first PDR level. So, let's say you were trading this, for example. You could have, for example, entered on a lower time frame down here and targeted up here because you see the higher time
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frame projected to find range uh working and going on. So, we know that the halfway point is the more probable and the more meaningful level here. So, assuming that we don't hold off of this level, we should get right up into the
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halfway point. And we do, right? We're we got above the halfway point of the PDR. So, now marks kind of a moment of truth. We know that this halfway point is much more important than the other PDR levels. If
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price can stay above this halfway point, then it sets in motion a very likely chance of you getting into the next level. This overall point A to point B, okay? But price needs to stay above the halfway point here. And as you can see
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right here, this is a really, really clear indication that that halfway point's holding. We got above it and we held above it at 17,654.
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When this gets held above, now you have a very high chance that not only you're going to get into this point B, but you also have a new PDR, right? You have it from the 0.5 up into this level. Okay?
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So price pushes, it gets right up into this level. If this level holds, then it is likely to go sweep the lows that were created at the 0.5. At that point, there's a critical moment. If this holds, the whole chart falls apart. If
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you get back above this and hold, you're likely to go reach up into uh the top.
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However, in this example, price action pushes and it's staying above that. It pushes down, it gets above, and it reaches up into this level. So, what is this little push right here? So, remember how there's internal PDRs.
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Okay? Remember how there is internal PDRs because this is important. Let's mark the internal PDRs on this chart. So we we would have one from this level to this level. I'm going to make these thinner. The internal PDR is thinner. We
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would have one from this level to this level. And let's really zoom in and see what happens here.
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So we held above this first one on this push. Okay, this sets into motion an internal PDR from A to B. Okay, internally A to B, we get up to the halfway point and it holds us down. What
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do we know about it holding us down? That means we look for the low that got created off the A test and that's going to be our liquidity sweep. Price rushes lower, sweeps liquidity underneath there.
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holding underneath here sets into motion a A to B getting into this next high time frame level, this next PDR level.
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It trades down and holds the halfway point. Holding this halfway point is the exact same as holding above point A. So, we get back above point A and hold.
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Okay, this is a setup that leads you to point B like 96% of the time. So, really understand what I'm saying here. This is a very high probability setup for you to go from point A right here to point B
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completing the higher time frame projected defined range. This is important. This is important. Replay what the hell I just said. Okay, please replay what the hell I just said. Um, it's important. So, this is more or less how you use projected ranges on order
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blocks. Again, generally, unless it's a really high time frame projected a fine range like this in this example, since it is such a high time frame, I actually would use these second layer PDRs. But generally, if it's, you know, if you're
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looking at a PDR that's based on a daily and you're looking at a 5minute chart or 50-minute chart or whatever, I'm not going to use these second layer PDRs as much. I'm mostly going to be looking for setups around the 0.5 level to take it
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to the completion. Okay? a lot of times or from the A level to take it to the first level. Those are the main setups that I'm taking with PDRs generally. Um, but I remember this day in January 2024
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and this 18,4150 and the regaining of 27 was a huge indicator for me that we were going to reach up into 19,201. So again, this stuff is pretty complicated so far. If you want to ask questions, ask them in
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the Discord. That's where I'm going to be most active. Let's get on to the other real world use cases of projected defined ranges now. So now let's talk about fair value gaps. And we're going to just use this fair value gap as
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example, but this works with any gap. So you could be talking about wicks, you could be talking about fair value gaps, you could be talking about whatever the hell you want to be talking about um volume imbalances, overlaps, anything
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that's considered a gap. This is how you would utilize PDRs on that. So we have this gap here. Okay. And if we drop down on a low time frame, we're just going to be talking about how price was moving
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through this gap. So, we know that when we have gaps, we mark three levels inside of them. The 75%, the five uh the 50%, and the 25%. All along, these were just PDR levels. That's it. They were just PDR levels. And they they always
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have been and they always will just be PDR levels. Whenever you mark the three levels inside of a gap, it's just a projected defined range level. That is it. And as you can see, you see price doing exactly what we're saying inside
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of these ranges. So, let me make this uh a little bit more bold here so that you could understand that this is the main PDR here. And you'll notice almost always like, okay, if the outside of the gap is point A and the exterior
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of the gap is point B, you have the same setups repeating over and over again.
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And if you're holding point A, you're likely to go at least to the first PDR.
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If this first PDR fails, you're likely to go run this low. It fails out of the range. Price pushes up. It tries to get above this first level. After getting above point A, it does. It comes back down, holds the 25% level. At that
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point, it's likely to at least get above the halfway point. It does. It stalls at the 75% level for a minute. But you can mark an internal PDR. Okay? And this is where people think that PDRs get messy.
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They don't. A lot of times internal PDRs are just playing. It holds this point A which likely should bring you to point B. But internally you just run down to the halfway point. So holding this halfway point means that point A is
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getting held above. You hold it. Point A gets held above. We complete the PDR from this to this price falls. It holds the top level in the overarching PDR.
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What does this mean? It means that it's likely to get underneath underneath the halfway point. It does, right? It trades to the halfway point. It fails, it gets down to the lower level in the PDR, regains the halfway point. What does
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that mean? It's likely to get at least to the next level in the PDR. Look at where it's holding. It's holding right on the halfway point between these two levels. Holds above the top level in the PDR. It's likely to leave the range. And
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this can play over and over and over again for days and weeks. If you have a high time frame gap, you could be playing the levels inside of that high time frame gap on a PDR basis over and
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over and over and over again for weeks, months, years at a time. Um, and it's so so so powerful for internal bias. Once you have a clear and clean PDR setup, um, you could be very confident that price is going to go between those
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levels. And that goes for anything with those three levels. Whenever you're marking the 25%, the 50% and the 75% of a level, that is a projected defined range from both extremes. Find your point A, find your point B. Notice how
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price is moving in between them. You have your projected defined range. You have highly highly likelihood expansions. And this is going to give you uh extreme amounts of accuracy and extreme amounts of confidence in a move.
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So I mentioned that there's other types of PDR as well. There is the theoretical section in the beginning is one of those where it's just level to level, right?
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If you have a gap of no high time frame levels, right? You have a big gap of price where there's no high time frame levels, then you could use point A to point B. Uh even if these are not the
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same levels, okay? So, this is the only time you're going to be using PDRs if they're not the same levels. Imagine that this is the top of a weekly fair value gap. Okay? And this is the um I
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don't know, this is like a daily volume imbalance. That's okay. If you've marked the high time frame levels correctly, which you should if you've been watching the boot camp, then if there's a gap between these two levels, where there's
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a substantial range with no levels in between, you can still use these as a projected defined range.
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So, you've learned how to use these things on order blocks, you've learned how to use these things with gaps, and you've learned how to use these things through spaces. It is critically important that you understand how we navigate through projected defined
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ranges as they are incredibly foundational to how I do bias day-to-day and incredibly foundational to almost not almost every single position I ever take in trading. Uh again, this is a relatively hard video for me to make.
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This is kind of my baby. Um do with it what you will. Most of you won't be able to utilize this good enough to damage the edge, but for those of you that do, I hope that you get some use out of this
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because this is one of the most powerful tools that I've ever come across that I've ever discovered in trading. Um, so yeah, that's about it. Join the Discord if you have any questions. I'm not going to answer the questions in the comments.
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If you have a question, ask them in the Discord.
Topics:Projected Defined RangesPDRtrading strategyhigh time frame levelsorder blocksfair value gapsFibonacci levelstrading boot campprice actiontrading bias
