This indicator is used to identify range breakouts using an ATR multiplier. My first script, Im sure there are indies out there like this, but this my favorite way to identify breakouts and trends.
Shows: 1. The current True Range, taken as ATR(1) as % of the close price 2. The SMA(14) of the current True Range, taken as ATR(1) as % of the close price
Indacator shows price range calculated as previous closing price +/- ATR * multiplier Setup options: multiplier, average type (RMA, EMA,SMA,WMA), Source and number of point to average Индикатор показывает диапазон цен рассчитанный как цена предыдущего закрытия +/- ATR * множитель Настраивается : Множитель, тип усреднения (RMA, EMA,SMA,WMA), Источник и Длина усреднения
Hello Traders, The average true range (ATR) is a technical analysis indicator that measures market volatility . The ATR indicator is easy to use and gives an accurate reading about an ongoing trend that very effective. I. Signals are used for entry - Entry your long position (buy) when price crosses above the ATR trailing stop line. - Entry...
You can monitor the stop loss level according to ATR in 2 ways (Long/Short).
Bot Buddy is a script that uses customized indicators to give out signals for a number of different assets with high probability and really good risk to reward. Bot Buddy will provide: - Entry signals with alerts - Stop Loss - Two Take profit targets - Break Even signals with alerts How does it work? -Uses a Trend direction to find trades going in the right...
Same coding only coloring and information panel was added. CDC ATR Trailing Stop V2.1 (2013) //Barcolor Green = Trail1 > Trail2 and close > Trail2 and low > Trail2 Blue = Trail1 > Trail2 and close > Trail2 and low < Trail2 Red = Trail2 > Trail1 and close < Trail2 and high < Trail2 Yellow = Trail2 > Trail1 and close < Trail2 and high > Trail2 //It gives White...
This script is good to use with Williams %R indicator, to find out when price has bottomed out. ATR has to be over 90 and Williams %R ( lenght 52 ) has to be over 95 to find out level around which one is good to buy. You can check back, to see that this worked very well over history. Best way to use this 2 indicators is with DCA ( dollar cost average ), as area...
The Fear And Greed Indicator is a very popular indicator on the Bloomberg platform and since I didn't have actual source code to work with, this is a very close approximation of that indicator. Let me know if you spot any discrepancies with the original and I will do my best to fix them. For buy and sell signals it is pretty straightforward. Just buy when the...
The goal of this indicator is to determine when volatility is trending in a specific direction. This indicator leverages the ATR over a certain metric where the exterior lines represent X amount of ATRs from the open of a consecutive candle sequence and X ATRs from the swing low or swing high over a period of X candles. The up and down arrows represent a break...
This script allows you to view ATR extremes based on the open of the candle. Average True Range gives you the average move of an asset during a period of time. If you're viewing the Daily timeframe , The Average True Range represents the average size of a move that occurs in a one day timespan over the specified period. Reaching the upper or lower boundary could...
This script includes volatility calibrated ATR ( Average True Range ) features : * Custom time intervals for ATR ( example you can use 45 min ATR on any time frame for swing plays & you can use 15 min ATR on lower time frames like 15 min for scalping ) * Smooth Guppy : helps to understand support and resistance also helps to understand trend direction ( Red is...
What is ATR By Time (Chart)? This premium indicator is a companion script to my ATR By Time indicator. This companion script draws your stop loss price to the chart directly. In the above example, the black line represents a regular 1x ATR stop loss above and below price action, while the colored lines are the 1x ATR By Time indicator values when set to...
Compare Volume, ATR, Historical Volatility in same axis. (percentage last 1000)
This indicator is free to all Oasis Trading Group members. The Wick Sniper was created to catch volatile moves that are extended from the mean. It uses an advanced ATR formula to follow price like a band, with an upper deviation and a lower deviation. I have also added a 1 candle offset so that the moves are not in "hindsight". Feel free to experiment with the...
Normalized Average True Range combined with Williams %R - Celasor 04/2020. Indicator can be used for identifying potential market bottoms with the following criteria: Normalized ATR is above 80% and Williams %R is below -80. This script combines both indicators and displays bars to mark where conditions are met. Future updates may include selectable smoothing.