Lancelot_Augur

Lancelot Band - ATR Reversal+Trending Indicator

Lancelot_Augur Aktualisiert   
This is an indicator I created recently, with the mind of spotting where price might reverse and where the price is trending. You can see this as the primary indicator for your system, however, it is recommended you use this in conjunction with other confirmation indicators.

This script focus solely on ATR or Average True Range .

This indicator is the combination of the baseline from the Ichimoku cloud and the concept of the Keltner channel.

Baseline period = 14
ATR period = 14
ATR Mult = 1.5

For reversal
Long when price crossover Lower band & Stop loss at xLower band
Sell when price crossunder Upper band & Stop loss at xUpper band

For Trend Following
Long when price crossover xUpper band and Stop loss at Upper band
Short when price crossunder xLower band and Stop loss at Upper band


Again, you will need other indicators to help you to succeed in this system. This indicator will not generate the best exit for your position but will generate a good entry signal when you use it with both volume indicator and exit indicator.

Works well on BTCUSD XBTUSD , as well as other major liquid Pair.

Feel free to follow me on Twitter @Lancelot_Auger for more free Alpha.

Please acknowledge my effort by like and follow.

And lastly,

Save Hong Kong, the revolution of our times.
Versionshinweise: As some of you requested for the alert version, here it is.

Also, some of you have great success trading this indicator with Renko chart.

This is an indicator I created recently, with the mind of spotting where price might reverse and where the price is trending. You can see this as the primary indicator for your system, however, it is recommended you use this in conjunction with other confirmation indicators.

This script focus solely on ATR or Average True Range.

This indicator is the combination of the baseline from the Ichimoku cloud and the concept of the Keltner channel.

Baseline period = 14
ATR period = 14
ATR Mult = 1.5

Again, you will need other indicators to help you to succeed in this system. This indicator will not generate the best exit for your position but will generate a good entry signal when you use it with both volume indicator and exit indicator.

Works well on BTCUSD XBTUSD, as well as other major liquid Pair.

Please acknowledge my effort by like and follow.

And lastly,

Save Hong Kong, the revolution of our times.

Open-source Skript

Ganz im Spirit von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es besser verstehen und überprüfen können. Herzlichen Glückwunsch an den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Veröffentlichung unterliegt den Hausregeln. Sie können es als Favoriten auswählen, um es in einem Chart zu verwenden.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.

Möchten Sie dieses Skript auf einem Chart verwenden?