Many traders do not realize that some hours of the day are more volatile than others. The Hourly Price Movement Range (HPMR) indicator is used to forecast support and resistance based on volatility over a 24-hour horizon. This indicator allows Raghee to measure timing and volatility during special economic events or highly variable hours of the day, such as the opening bell, noon and closing. The HPMR indicator gives Raghee greater insight into the direction of the market.