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The Trading Range Slider allows you to redraw the Profit and Loss of each strategy based on the expected range of the stock. The range defaults to a 1-standard deviation move up and 1-standard deviation move down. You can also modify the range slider to trade between support/resistance levels by clicking the red and green carets on the slider. Clicking the “Normal” button moves the sliders to a 1-standard deviation move up or down from the current price. The “Wide” button moves them to a 2-standard deviation range.