Duyck

ATR Targets - JD

A simple visual representation of ATR trading targets.
The indicator shows ATR targets (TP and SL) from the last swing points (if you entered there)

There is an option to chose targets for a long or short position.


JD .
#NotTradingAdvice #DYOR

I build these indicators for myself and provide them open source, to use for free to use and improve upon,
as I believe the best way to learn is toghether.
リリースノート: Changed the entry value to the "close" at the time of the "pivot signal" instead of the pivot value itself, to have more realistic entry and target points.

JD.
リリースノート: Added the option to chose between "Average True Range" (ATR) and "Average Pivot Range" (APR) trading targets.

The "APR" or "Average Pivot Range" is an indicator I created that calculates the difference between the highest and the lowest points of the last price swing (the last Pivot Range) and takes an average of that "swing amplitude" over a given lookback period.

The indicator shows ATR targets (TP and SL) from the close of the candle when the swing is detected (to give a realistic entry point)
or, in the case of APR, at the last high or low swing points (to show the likely expected extend of the move to the next swing point).

For the APR, the Average Range is calculated seperately for the 'up" and "down" moves, so the expected up move will be different to an expected down move,
because of that a factor of "1" is recommended for both TP and SL when using APR.

JD.
リリースノート: Changed screenshot to APR version

JD.
リリースノート: Changed faulty logic in APR targets.

JD.
リリースノート: Updated script to separate the zones better.
Thanks to Scarff for the code!!!

JD.
リリースノート: Modified the averaging logic and removed errors in target calculations for APR

JD.
リリースノート: code cleanup
リリースノート: update to v4.

Disclaimer.
I AM NOT A FINANCIAL ADVISOR.
THESE IDEAS ARE NOT ADVICE AND ARE FOR EDUCATION PURPOSES ONLY.
ALWAYS DO YOUR OWN RESEARCH!
JD.

You can contact me for info/access in PM or on Telegram: @jduyck
PLS, DON'T ASK FOR ACCESS IN THE COMMENT SECTION!
オープンソーススクリプト

TradingViewの精神に則り、このスクリプトの作者は、トレーダーが理解し検証できるようにオープンソースで公開しています。作者に敬意を表します!無料で使用することができますが、このコードを投稿で再利用するには、ハウスルールに準拠する必要があります。 お気に入りに登録してチャート上でご利用頂けます。

免責事項

これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。

チャートでこのスクリプトを利用したいですか?