This is an indicator to display ATR20, EMA100 of ATR20 and date at a glance for trade practices using kojiro_indicaotrs. This will allow you to easily perform your practices. Please change the period of EMA and the display interval and size of the indicator as needed. Please enter small, normal, large, huge, or auto for the size. The following is in...
This script plots an histogram calculated this way: Get the previous ATR sample, calculated in the specified timeframe Get the actual open price of the bar in the specified timeframe minus the actual price in the current timeframe and plots the percent change between the the 2 values For example, if you select DAY as timeframe for the ATR: Plots the percent...
The 4C ATR Threshold is a simple indicator that paints the chart background red when the ATR goes below the user defined ATR minimum. Some trading setups have specific criteria that require a minimum ATR on a certain timeframe for the instrument to be playable. The painting of the chart background based on the ATR value is useful as a quick visual reference....
Library "adx" Calculate ADX (and its constituent parts +DI, -DI, ATR), using different moving averages and periods. adx(atrMA, diMA, adxMA, atrLen, diLen, adxLen, h, l, c) Parameters: atrMA : Moving Average used for calculating the Average True Range. Traditionally RMA, but using SMA here and in adxMA gives good results too. diMA : Moving...
After seeing strategy after strategy refer to calculating ATR values using a "calculator" (how barbaric!), I thought I'd take a stab at one possible solution to the "problem" as an overlay indicator on the main chart that replaces traditional standard ATR bands. This indicator presents ATR within a channel with a slick trick: invisible hover-able tooltips for you...
Hello everyone! I bring to your attention a simple indicator to determine the point of purchase. It is based on oscillators and a moving average. It can be used to work with bots, for example 3COMMAS DCA bot. Signal Condition Settings: ATR The current candle is larger than the ATR for this period EMA The signal is necessarily below the EMA of the specified...
Simple EMA strategy, based on ema55+ema21 and ATR(Average True Range) and it enters a deal from ema55 when the other entry conditions are met Basically long and short conditions If long: 1) close must be less than open (because we are searching for a pullback) 2) emaFast(21) must be bigger than emaSlow(55) - for a trend detection 3) Difference between emaFast...
The script changes the default output of ATR and shows the result based on the percentage. It could be usefull when do you want to know about the percentage of the movement.
SD - Average True Range - Daily Weekly Monthly Yearly v5 It gives ATR intervals as 4 hours, daily, weekly, monthly and yearly. The expectation is to fill the ATR targets within the specified ranges. It can be used to determine target points on charts with a clear direction on the train. Unlike the previous version, it is provided to use 2 different periods in...
This script uses dynamic length to create a different sma type. The length of the "Dynamic SMA" - "dSMA" can be: 'RSI', 'Stoch', 'ATR', 'MFI' or '%R' For example 'RSI' -> the length of the sSMA will be the RSI itself The biggest challenge was: 'Pine cannot determine the referencing length of a series. Try using max_bars_back' error The writer of ...
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.
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.
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 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...
This indicator allows you to improve your stop loss placement. It displays two lines based on the ATR ( Average True Range ), an upper line based on the current price + ATR and a lower line based on the current price - ATR. The ATR is multiplied by 2 but you can change this in the indicator settings.