Simple indicator with the thought of merging MACD and ATR. The idea has come from trying to find a way to define sideways markets. Whipped this up quickly to explore the idea. Feel free to throw in suggestions or even mention other open source indicators that define sideways markets well. Simple instructions If histogram green, breakouts/trade zone. If histogram...
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.
1. Shows TR at daily bars 2. Shows ATR lines intraday: 100% and 75% (customizable) 3. Shows hint with ATR for current day and percent passed 4. Show high and low of the 1st hour
An experiment to combine two range filters and plot the average of both to smooth out the signals. This works significantly better than the typical ATR set-up, but there's still too much noise here to set and forget with bots. Use it as the basis of your own system with additional filtering on top.
The latest in the indicator series tailored to discretionary traders. This script draws a channel by using the highs and lows of previous timeframes. The H1 and H4 fill is extremely useful for taking low timeframe front-side reversals in a ranging environment, while providing high timeframe levels to take profit at, and plan your next trade. I believe this...
Discover trends instantly thanks to our new indicator. A popular trading expression says: "the trend is your friend until it ends." This indicator makes it easier for any trader to see the market's major trend and trade accordingly. Calculations are based on Average True Range. This indicator does not provide signals or alerts. It is best used as a confirmation...
A modification of the original Random Walk Index (RWI) script by everget, this one updates to version 4 and adds a threshold value and colouring. If both high and low are below the default threshold of 1.0 the line chart will be coloured in grey. Adjusting the length and threshold should allow you to see flat and choppy periods.
What is our indicator? Theft Indicator - Buy & Sell Alert System is our first published script that shows price action on a certain period of time (We Use ATR indicator). We take pride in enabling trading to become easier for the experienced and the non-experienced traders around the globe. Buy & Sell alerts will be fired once a condition in our algo is met. ...
What is our indicator? Theft Indicator - Buy & Sell Alert System is our first published script that shows price action on a certain period of time (We Use ATR indicator). We take pride in enabling trading to become easier for the experienced and the non-experienced traders around the globe. Buy & Sell alerts will be fired once a conditions in our algo is...
KBL Trend Slave is Specially design to detect the correct trend and specially to avoid market noise in range bound market conditions. When KBL Trend - Slave line indicated with Green color and price is above the KBL Trend -Slave, Then the trend is in buy side and a buy trade is preferred. And same for sell trade, When KBL Trend - Slave line indicated with Red...
This was inspired by Hedgeye's Risk Ranges product and calculates daily risk ranges for assets. It uses volatility , the volatility of volatility , the skew of volatility and price to calculate a range that can be used for entries either long or short. Message me for a free 7-day trial and pricing
This indicator calculate the delta of the volatility adjusted on-balance volume. This could be use as a filter or trigger in a system.
For Breakout Trading..(range trader) Investor , monthly trader ,weekly trader and daily trader(everyone can use it).. It show market own range which is created by market/price (not by calculation).. This are the important decision point which is made by traders(all style).. Depend upon time frame , most important thing is market opening and market closing.. Entry...
Based on average daily range of last10/5 days. Use as potential support and resistance
The Bollinger Band Squeeze is calculated according to the ATR. With the default settings. If the BB width is smaller than the ATR * 2 the background is painted green. If the BB width is larger than the ATR * 5 the background is painted red
Based on analysis of trend deviation this indicator also has filter with x bars after RSI overbought/oversell zones from settings. Indicator has alerts for LONG(BUY)/SHORT(SELL) signals with green/red arrows and LONG/SHORT labels. Fits for BTC and any altcoins. Good for both scalping and position trading (depends on timeframe that you use) Script settings are...
Combining my other indicators in to one useful indicator. This indicator has CPR, Pivotboss Support and Resistance, ADR Price target levels and previous session Open, High and Close
This indicator takes the standard ATR and expresses it as a percentage of the OHLC4 price. This has the advantage of normalising the ATR value across the history of an asset. For example, an ATR of value 20 when the price is 2000 actually has a very different meaning when the price rises to 4000. The ATR may be the same value but actually the volatility it...