RickSimpson

ATR Pip Control

RickSimpson Actualizado   
OVERVIEW

Here is a script based on the ATR but which unlike the traditional ATR using a Multiplier, here we use a signal filter by the Exchange of Prices
between Ticks. The more you increase the value, the more the parasitic signals will be filtered.

HOW TO INTERPRET?

• The signals are represented on the chart by "Buy" (Green) and "Sell" (Red) Labels.
Pip Channel Control : Filters ATR Signals by the Exchange of Prices between Ticks. 0 = Disabled.
Pip Length : Length of the Pip Channel. Depending on the Markets, the value can differ from 2 to 20 for Futures, Forex, CFD...
(But can go up to 5000 or more for Cryptos.) 0 = Disabled.
Local High/Low : Local High/Low lines can be used as Stop Loss/Take Profit Zone.
• you have the option to display or not the Unconfirmed Signals on the Chart.
(They will also be displayed with "Buy" and "Sell" Labels but being transparent).
• The indicator works on all Timeframes and all types of markets.
• NO THE INDICATOR DOESN'T REPAINT.

ALERTS

Here is the list of Alerts available :

•ATR Buy (Unconfirmed)
•ATR Buy Condition!
•ATR Sell (Unconfirmed)
•ATR Sell Condition!

Please note that it is essential to always choose "Once per bar" (and NOT the "Once per bar close"!) option
whenever you want to place an Alert.
Notas de prensa:
-Minor fix.
Notas de prensa:
-Added Any Alert Function call() with frequency set on once_oer_bar
Notas de prensa:
-We can now also Decrease the Pip Length to get more Signals.
Notas de prensa:
-Instead of Decrease the Pip Length we have set the maximum number of signals to default so that you can filter them however you want. This will also allow you to get much more accurate filtering and signals.
Notas de prensa:
-Bug fix.
Notas de prensa:
-Bug fix
Notas de prensa:
-Improved "Tooltip".
Notas de prensa:
-Instead using "RMA" Integrated Function for Baseline MA we added a Custom Range FIlter Function that works better.
Notas de prensa:
-Going back to "RMA", Range Filter Function need improvements cause it was bugging on some markets.
Notas de prensa:
-Added the possibility to adjust the length of the RMA.
-Minor Improvements.
Notas de prensa:
-Added a lil bit of help in the "Pip Length" Tooltip.
Notas de prensa:
-Improvement of the estetic. (Purchase label change to blue which is more visible on a white background).
-Improved Tooltips.
-Reorganization of settings.
-Added Pip Channel Control Baseline based on ATR Period.

Cheers !
Notas de prensa:
-Minor improvement.
Notas de prensa:
-Added NO-REPAINTING MultiTimeFrame option.
Notas de prensa:
-Bug fix.
Notas de prensa:
-Added tooltip for MTF (HTF) option.
Notas de prensa:
-Minor improvements.
Notas de prensa:
-Added "Price Type" option.
-Added some Tooltips.
-Minor improvements.
Notas de prensa:
-Minor improvements.
Notas de prensa:
-Added ATR Channels.
Notas de prensa:
-Bug fix.
Notas de prensa:
Updated Pip Length Tooltip.
Notas de prensa:
-Improved tooltips.
Notas de prensa:
-RMA Length removed from settings since the Pip Channel Control is now working fine with HTF.
Notas de prensa:
-Improved Signals calculation. You don't need anymore to Increase the value of the Pip Length to have Bullish Filter or Decrease it to have Bearish Filter. It now work for Both.
Notas de prensa:
-Going back on last stable update. The new calculation need improvement cause it not working with other sources than OC2.
Notas de prensa:
-FINAL UPDATE :
-we wanted to go back to the fundamentals and focus on the main indicator option, namely “Pip Length”. So we decided to simplify the settings interface as much as possible by adding a much more efficient calculation at the same time. We have removed the HTF because it is unnecessary here. This is the final update. Some updates may happen in the future but they will become rarer and will be minor. The indicator is now working like a charm. Enjoy!
Notas de prensa:
-Minor improvement.
Notas de prensa:
-Last Minor Improvement.
Notas de prensa:
-Code cleaning.
Notas de prensa:
-Added Lag Reduction option.
Notas de prensa:
-Added Price Type again from the request of user. Price Type is now on OHL3 by default.
Notas de prensa:
-Minor improvement.
Notas de prensa:
-Minor improvements.
-Updated Pip Length Tooltip.
Notas de prensa:
-Minor improvement.
Notas de prensa:
-Last minor improvement before market opening.
Notas de prensa:
-MAJOR UPDATE : More simple but more user friendly indicator design.
-You now have only one option for filter signal called "Pip Control".
-Signals has been improved too. Backtested to 70-84% Winrate on any market.
Notas de prensa:
-Updated Tooltips.
Notas de prensa:
-Minor improvement.
Notas de prensa:
-Improved Signal Filtering.
Notas de prensa:
-Minor improvement.
Notas de prensa:
-Improved signals (again! :D)

-Please if you have the indicator loaded on your chart remove it and re-apply it 3x time to be sur the update has been taking effect.
-For this update, you need to remove and reput your Alerts too (you may need to readjust settings since we have improved calculation).
Notas de prensa:
-Minor improvement.
Notas de prensa:
-Added "ATR Informations" option with his tooltip : "This option will show you next to the last current Candle (in Gray color) the elapsed Time in % on the current Candle from its opening to its closing, the current ATR Value and the Winrate of the ATR calculated by the total number of Wins/Losses Trades. Please note : this does not reflect the REAL Winrate on yours Trades. This option can be only used to give you a hand in best tuning the ATR signals."
-Minor Improvement.
-Code Cleaning.
Notas de prensa:
-Minor improvements.
Notas de prensa:
!=BIG UPDATE=!

We have improved the way the ATR interprets signals. To do this, we have recreated in our own way the "RMA" function which is much faster and more efficient. We have therefore at the same time removed the "unconfirmed" signals because all the signals are directly confirmed and a bar before. By default, it will seem to you that there are more signals than before posting on the chart (which can be useful for scalping) but above all this is what allows us to have an increased success rate.

WARNING: for this update you must delete and reconfigure your alerts.

Have a good trade and don't forget ... risk management remains the most important!

PS : A video tutorial is coming soon on my website!
Notas de prensa:
-Minor fix
Notas de prensa:
-After a user is pointed out to us that the signals do not remain in intra-bar (even if this does not seem to be the case during the beta-test) we decided to reinstate the unconfirmed and confirmed signals while keeping the new algorithm. While waiting to find a solution to the problem.

Cheers
Notas de prensa:
-Added option to see "False Signals" with his Tooltip.
Notas de prensa:
-Minor fix
Notas de prensa:
-Minor fix.
Notas de prensa:
-Added a section to choose the type of wallpaper used (Dark or Bright).
-The color of the "False Signals" will change according to the type of wallpaper chosen.
-Removal of the old alert system to make way for the new "Any Alert Call Function" completely. This unites all the alerts on an alert. To configure your alert by choosing to have alerts only for the options you want, you just have to deactivate the option in question. For example if you deactivate "Show Unconfirmed Signals" before placing an alert, you will not have an alert for them.
Notas de prensa:
-The Background Type color has been changed to "Bright" by default.
Notas de prensa:
-Minor improvements.
Notas de prensa:
-Improvement in the new calculation of the ATR Pip Control. Sorry but you have to reset your alerts for this one. (But that's for community guys :))
Notas de prensa:
-Updated Tooltips to know where Alert(s) is available in an option.
-Improved a lil bit ATR calculation to find Highest and Lowest using a custom function instead using close.
Notas de prensa:
-Minor improvement.
Notas de prensa:
Converted to PineV5.
Notas de prensa:
-Minor fix.
Notas de prensa:
-Minor fix
Notas de prensa:
-Minor improvement.
Notas de prensa:
-Minor improvement.
Notas de prensa:
-Code cleaning.
Notas de prensa:
-Big ATR algorithm improvement.
-Simplified Settings. (optional options has been removed)
-Added custom colors option.
Notas de prensa:
-Minor improvements.
Notas de prensa:
-Code cleaning.
Notas de prensa:
-'Wait for Close' option has been disabled by default because we don't encounter many false signals anymore
Notas de prensa:
-Tooltip has been edited for "Pip Control" (Renamed has "Tick Number" by the way) to have an better and more simple explanation on how to use it correctly
Notas de prensa:
-Filtering and signals reactions has been improved more it was already are! : ))
-The option that EVERYONE was waiting for is now available : 'Auto Pip Control' or 'Auto Tick Size' call it whatever you want but you don't need to readjust Tick Size value in settings menu each time you are changing of chart!

Cheers 🍻
Notas de prensa:
-Code cleaning
Notas de prensa:
-Added 'Local High/Low' or 'Local Ends' option again
Notas de prensa:
-Following the request of some users, an ATR Multiplier has been included.
Notas de prensa:
-Code cleaning
Notas de prensa:
-Pip Control option is back following the request of many customers
Notas de prensa:
-Minor fix
Notas de prensa:
-Minor improvements
Notas de prensa:
-Minor improvement
Notas de prensa:
-Improved signals detection
-Minor fix
-Code cleaning
Notas de prensa:
-Improved 'Pip Control' option logic
-Removed multiplier
-Code cleaning
Notas de prensa:
-Minor improvement
Notas de prensa:
-Minor fix
Notas de prensa:
-Following the request of a customer, "ATR Multiplier" option is back
Notas de prensa:
Optimized Signal Mechanism: We've revised the logic behind the signals to ensure more consistent performance when adjusting the 'Pip Control' setting. This optimization ensures better homogeneity in signal behavior across different markets, enhancing the indicator's reliability and effectiveness.
Updated 'Pip Control' Default: The default value for 'Pip Control' has been updated to 20. This change is based on extensive testing and is designed to offer a more balanced approach to signal sensitivity across diverse market conditions.
Added Tooltips: To improve user experience and understanding, tooltips have been added to all input settings. These tooltips provide helpful information about each setting, making the indicator more accessible, especially for new users.
Code Refinement

Code Cleaning: We've performed a thorough cleaning of the codebase. This cleanup not only enhances the efficiency of the indicator but also improves its readability and maintainability, ensuring smoother updates and customizations in the future.
Notas de prensa:
-Updated License
Notas de prensa:
-Minor improvement

Script que requiere invitación

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Instrucciones del autor

Get the indicator here : ricksimpsontrading.c...php/atr-pip-control/ (After the transaction has been completed, a minimum of 24 Hours is required before obtaining access)

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