This is the Multi TimeFrame Version of previous atr channel, which uses the ATR percent(atr%) instead of the 2% fixed deviation for calclation of bollinger bands.
To appreciate dear Mr.Khakestar efforts i have converted his mt4 ATR formula to pine script. All credits goes to him. Special Thanks To shayankm Long Step $ Short Step added DR added Standard SL added Eng.SL and Hunter.SL added. Incompatible default colors with dark theme now are fixed. Colors can be changed from settings. All drawing sizes can be modified from...
This indicator uses a combines the "Williams %R" and "ATR_Normalized" indicators to find potential price bottoms, as suggested by simultaneous extreme values on both of the aforementioned indicators. This is represented by near zero values one this indicator. A log transform is used to make the dips easier to spot.
This indicator uses a combines the "Williams %R" and "ATR_Normalized" indicators to find potential price tops and bottoms, as suggested by simultaneous extreme values on both of the aforementioned indicators.
Bam-- look what Rex did. A RexDog Average with ATR bands-- he's going insane. Simple but powerful. This indicator includes the RexDog average but provides you with the ability to plot (and customize) both above and below ATR calculated bands. With this indicator you can display all 3 or any combination of the bands: the RexDog Avg, Adding ATR Upper or the...
Fibonacci Fans application on top of Previous Higher TimeFrame High and Low. Idea owner is @faizannawaz1, special thanks to him for both the idea and tesing the application WARNING : Study includes plottings in the future, and due to temporal gaps in non 7/24 markets such as weekends, holidays etc plotting of the fans will move to the open session (the effect...
Script to use for position sizing based on portfolio size, max position, and max loss inputs. The option to use custom entry and stop are available, but default to last price for entry, and Low of Day (LoD) for stop. The ATR % is a measure of the low of day to current price as a percentage move. Credit to LonesomeTheBlue for the base code on position sizing and...
EN // MATR 4H Strategy - UpTradin Use 1: This script is effective for all assets. Find out how to get the best performance. This indicator offers several possibilities: - Only in TimeFrame 4H. - The gray curve shows you the trend. You should not trade against it. - Once the trend is established you can buy or sell according to the Buy and Sell sign. - When the...
NVME TP and SL system is an ATR based risk management tool that is designed to identify possible stop loss and take profit points for you to follow depending on the volume generated by the average true range. Sometimes, they zones may be really close together and this often occurs during a ranging period of the market where there is little movement and this can be...
█ OVERVIEW This is our "Ultimate" indicator. After the success of our Rain On Me Indicator and after 1 Year of intensive development, we have the honor to present to you "Tsūrubokkusu" (Toolbox) of its name in English, is an indicator that we have developed according to the same criteria which have contributed to the fame of Rain On Me : to implement the most...
Useful in case you use Average True Range to determine Shows Stop Loss and Take Profit price levels. For example, if you want to put Stop Loss with a distance of 1.5xATR and Take Profit 2xATR for a long trade, put 1.5 as Lower Factor and 2 as Upper Factor. Lower and Upper prices will show price levels for SL and TP respectively.
This is Indicator 1. Opening Range Breakout for Selected Time frame 2. You can fix your Risk Reward and also Risk Amount 3. It will calculate the Position size based on Open Range ATR and your Risk Amount 4. Display's the Daily ATR for Given Input 5. It Gives Opening ATR Percentage to take a trade or not 6. It Calculates the Target on Either Side Based on the Risk Reward
This indicator is for calculating the volatility of any interval mTR (green line): TR is extended to calculate multiple bars at once with magnification setting. mATR (red line): ATR is extended to calculate multiple bars at once with magnification setting. dev (blue line): standard deviation If you turn on "divide source" in the settings, it will be the price...
Okay so this is pretty simple, but I think it's a great tool for day trading especially. I just took the default VWAP and Keltner channel scripts and combined them together. The top option allows you to choose which one you'd prefer to use, "Use ATR instead of VWAP" . The next options, "ATR Source", "KC Length", and "ATR Length" are the parameters for the...
Hello , i Combined 3 Indicators to generate buy /sell signal 1) Super Trend 2) Simple Moving Average 3) Williams Fractal Indicator. I thank Trading View to keep all these indicators source code open so i was able to combine and customized as per requirement. In settings one may change use different period of super trend as well Sma This works best on 10 min...
Here I have assembled 3 indicators, SuperTrend + ATR + Ema, to make them fit into one indicator to make things more organized and to save space. Check Script for original Authors of the used scripts. The UI or the indicator is far from perfect as my programming skills are very low :D