This is a hybrid indicator that combines the Didi Index with the Average True Range. It acts as both an ATR and a Confirmation indicator, based on the No-Nonsense Forex (NNFX) trade rules. The Didi Index takes three moving averages to build a fast line (MA1 and MA2) and a slow line (MA2 and MA3). You can use it several different ways (2 lines cross,...
Overview: This strategy use ATR to take-profit, Red-EMA to stop-loss, Blue-EMA channel to judgment breakout. This strategy use commission setting is 0.05%, slippage setting is 2 ticks, you can set the appropriate value size in the properties page. What it does: This strategy detects when a trend is emerging and buy or sell. How it does it: When the price breaks...
This strategy is based on signals from the WilliamTrendFollower indicator. You can optimize the parameters of this strategy as you wish. I hope you get the most accurate result. About WilliamTrendFollower: With this indicator, we try to catch the trends in price. With continued use of this indicator, we expect it to eventually escape horizontal positions...
With this indicator, we try to catch the trends in price. With continued use of this indicator, we expect it to eventually escape horizontal positions and catch up with continuous trends. Combined with the WilliamsR indicator and the exponential moving average indicator. The WilliamsR Fisher Transforms are combined with the ATR indicator to create a line...
Golden Slope is an ATR based trend tool that mixes KNN machine learning to allow you to confirm your entry and exits, which can give out significantly more accurate signals. Flag and rectangle signals are machine learning signals, they confirm an entry and exit position. You can use entry and exit signals alone but it's more accurate to confirm with machine...
This strategy follows the Trend Hunter training strategy taught at InvestIshare. Entries are made based predominantly on the price action being above/below the Ichimoku Cloud with the ATR based super trend being used as a trailing stop loss. Additional trend tracking tools can be toggled on / off to improve the wind rate on some time frames, with additional...
True Average Period Trading Range (TAPTR) The J. Welles Wilder Average True Range calculation includes the ability to calculate in gaps into the equation. It is in my opinion that gaps are untraded range values until the prices on their own come back and close the gaps. The TAPTR calculation is simple, it is the average for a set period of time of the HIGH -...
Volume Volatility Indicator vol: volume; vma: rma of volume Cyan column shows (vol - vma)/vma, if vol > vma else shows 0 0 value means vol less than vma: good for continuation 0 < value < 1 means vol more than vma: good for trend value > 1 means vol more than 2 * vma: good for reversal tr: truerange; atr: averagetruerange Lime column show -(tr - atr)/atr, if tr...
This brings together a number of variables to produce trend predictions that could be utilized as decision-making tools. Uses the aforementioned price and volume derivatives - A moving average and three weighted moving averages (WMA1, WMA2, WMA3) - Super Trend Line (ST) - Opening Range Breakout on Five Minutes, Resistance Bands Pocket pivots, support, and price...
This indicator is similar in its operation to the ATR indicator. The change is that it is displayed on the chart and shows the value for the current candle, instead of being displayed as a chart under the price chart.
Welcome traveler ! Here is my first indicator I made after 3 days of hardlearning pine code (beginner in coding). I hope it will please you, if you have any suggestion to enhance this indicator, do not hesitate to give me your thoughts in the comments section or by Private message on trading View ! How does it works ? It's a simple MACD strategy as describe...
This script combines and averages Volume-Weighted Moving Averages in a specific way to make a unique ATR band that expands and retracts based on the volume in the current market. This indicator allows for viewing up to 4 VWATR Bands on all the major trading timeframes. This creates support and resistance levels that are fluid enough for traders to use these 4...
Markets usually tend to stay within a range during a specific time frame (for example first hour of the regular trading session, the whole regular trading session). For traders before initiating a trade it can be helpful to determine the range potential left for the targeted time frame. So they can decide to either try to ride the current trend further or fade the...
This indicator is a combination of two atr with numbers 1.6 and 0.8 The signals that are displayed on the chart are the points where both atr signaled at the same time (if distance = 0). -The atr1 check box is only for displaying atr signals with the number 1.6. You can choose the atr1 number in the slow multiplier section. -The atr2 check box is only for...
The purpose of this tool is to help the trader determine a safe stop loss price and take profit which dynamically changes due to ATR (Average True Range) This tool uses the concept of ATR (Average True Range) Risk Reward Ratio (Money Management method) How is ATR Stop Loss and Take Profit Finder working Step 1 ) Tool will calculate TR(True...
Velocity (which is often called a "smoother momentum" since it is much smoother than momentum without lagging at all) with an addition of ATR normalization Since velocity is (even when normalization is applied) is not an indicator with fixed bounds, this indicator is uses floating levels for what is usually called overbought and oversold levels (+ a floating...
A complete ATR Trailing Stop Loss in version 5. Features Include: Timeframe Option Long/Short Triggers (Green/Red Triangles) Long/Short Conditions (Bottom Colored Line) "Golden" Long/Short Triggers (Yellow Triangles)(Hanging Man or Shooting Star Candlestick patterns breaking ATR trailing stop) Alerts