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...
With this indicator you can add a table on top of your chart. What's in this table? On which graph you open this table, the indicator data at the selected time of that graph are written. In the image below, you can see the table in the upper right. You can also see two EMAs above the chart in this indicator. You can adjust their length. You can add...
What is it? The MACD-V indicator is the normal version of the MACD (Moving Average Convergence Divergence) indicator but normalized for volatility. It is normalized for volatility in order to compare momentum values across time and across tickers which the normal MACD indicator fails to do. Formula The formula for the MACD-V is as follows MACD Line = [ ...
//These signals mostly consist of crossovers between a 13 VWMA and a 62 VWMA. I've found these two moving averages to be quite special in their ability to //recognize a quick trend using volume data. The VWAP is used in the alert system as well, to give some perspective on which direction we are looking to take. We //are also using ATR. We only take trades when...
What if I told you that you could use over 10 indicators at once without having a single one of them on you chart? Enter the Checklist Signals. This is probably the most complex yet simple indicator I've ever done. What you get is 6 rows (if you want them all) of labels that hover at the top of your screen with a ton of extremely useful information. I will go...
This indicator is the chart version intended to accompany my custom RSI oscillator: CLICK HERE TO SEE BASE INDICATOR CLICK HERE TO SEE BASE INDICATOR
CDC ATR Trailing Stop V2.1 The indicator / system was developed a few years ago. Contains two ATR trailing stop lines, fast and slow. The slow ATR SL line is the same as the one in a normal ATR trailing stop loss indicator. The fast one is created to generate buy/sell signals To use the signals, activate them from the indicator's settings (gear icon next to...
Directional Movement Index Strategy Entry conditions: - (a) when DI+ > DI- on timeframe #1, and - (b) Confirmation: when DI+ > DI- on timeframe #2 In the shown example, timeframe1 was same as the chart (1H) and timeframe2 was 1D. Stop Loss: ATR based trailing stop About DMI Can refer to Investopedia for general understanding. Applications of DMI in...
This script is using Average True Range (ATR) and works very well on the Bitcoin 4 hour timeframe to determine when to stop and start your bots. It has a very similar visual to the EMA RSI Indicator found here: This 'ATR Start & Stop Bot' is better because it has less confusion during sideways market movement. As an example - You are using 3commas and have a...
I created a version of Parabolic SAR when I accelerate it not based on the difference from the extreme point but based on current ATR. So the idea is that for a more volatile market it should move faster. Performance is calculated based on 25% equity invested and 0.1% commission. What do you think about it? Does it make sense to do something like that? Do you...
This is Average True Range indicator, but it is smoothed with Hull MA ( not WMA etc ) It is set to overlay the candles so looks different from normal ATR but i assure you it is ATR Script open so you can see for yourself. perhaps different settings are better, Help me test it, and suggest improvements thankyou
This is an intraday indicator. Average Daily Range provides an upper and lower level around the daily open. It is calculated by taking an EMA/SMA average of a given number of previous days' True Range. It can be useful for helping guide support and resistance, for taking profits and for placing stops. It's a similar idea to the ATR indicator, but calculated...
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...
I created a strategy version for the Chandelier Exit indicator, originally owned by @everget . With the strategy I prepared, you can try both short-long and stop loss - trailing stop and take profit rates. I have also added a date filter feature so that you can test the strategy in the date range you want. Orjinali @everget 'e ait olan Chandelier Exit ...
This indicator plots 2 sets of dots (and lines) based on your chosen ATR multiplier (Average True Range). Generally, when trading on the daily timeframe a good rule of thumb is to use the ATR * 1.5 (the default setting of this indicator). I created this indicator to quickly test other indicators but I also find it helpful in live trading. How to use this...
EXPERIMENTAL: Experiment using Linear Regression based on %atr for decay(decay option is a mutiplier for the atr).
This is a trend based strategy that uses EMA and SMA intersection for determining the direction of the trend and MACD for the entry signal. At the same time, the strategy uses ATR, which is working as a trailing stop. The strategy entry will work when the Trend ribbon will turn green and MACD line will crossover the signal line. This strategy also takes into...
Average True Range - Improved is a small variation I have made to the standard ATR indicator. It will test the current ATR against the Historic Average ATR of your preference to see if the current volatility is high or low. Once it has determined if it is high or low it will color code the circles at the top based on this information. Green means the current...