Tirone Levels (developed by John Tirone, surprisingly enough!) are a set of proprietary support and resistance levels based on the range of a stock's prices over a given time period which makes their interpretation similar to Quadrant Lines.
Tirone Levels
A series of three sequentially higher horizontal lines used to identify possible areas of support and resistance for the price of an asset.
Tirone Levels can be drawn using either the Midpoint 1/3-2/3 method or the Mean method. Both methods are intended to help you identify potential support and resistance levels based on the range of prices over a given time period.
Tirone Levels are a series of horizontal lines that identify support and resistance levels. They were developed by John Tirone.
Usage
Tirone Levels can be drawn using either the Midpoint 1/3-2/3 methods or the Mean method.
 See also: Period, Point, Stock, Series, Trader
  
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