I use the Hedgeye process to manage my trade ideas. Part of that product is the Risk Ranges it is a moving probable range within which you can manage a long or short position.
You can have a look at my other videos for a better description of the product if you have never see. I quickly glance over the levels in this video. I make use of another script from Tradingview built by a member of #Hedgeyenation.
I explain how I use the trading direction of the risk range, bullish/bearish, with the Bridge Band levels to build positions. We all know the terrible feeling of adding to a falling position, well this is how I add on the way back up instead.
I hate making these but I enjoy sharing @Jaymes Rosenthal sorry I forgot my double espresso again this time :)